Back in June, we discussed how detrimental a cyber-security or data breach could be could be to law firms and independent lawyers. Hackers are increasingly attacking this “goldmine” of sensitive and confidential data, causing attorneys and lawyers to take a good, hard look at how they can best protect their digital information. Of course, the only fool-proof way there is for your lawyer clients to financially protect themselves after a data breach is with the right Privacy and Network Security insurance. With this in mind though, there are also steps they can take that may reduce their Lawyer Privacy and Network Security risks.
The American Bar Association (ABA) also states that maintaining the right type of insurance policy should be the top best practice used by lawyers and attorneys. Some other best practices the ABA recommends are:
- Conducting thorough background screenings for new hires and vendors
- Pre-arranging a breach service provider
- Providing extensive training and certification through e-learning to employees on safeguarding data
- Developing an incident response plan
- Conducting annual risk assessment and tabletop exercises
- Implementing data encryption
These are just a few of the best practices that the ABA recommends. The ABA stresses the importance for business such as law firms to adequately prepare for cyber-attacks and data breaches as best they can. They also stress the importance of being sufficiently protected with cyber liability insurance and privacy and network security insurance.
At PL Risk Advisors, we understand the valuable information that lawyers are trusted with. Storing personally identifiable information on clients and employees could open up a law firm to data breaches, identity theft, and unauthorized use of confidential information. To learn more about our Privacy and Network Security Products, please contact us today at (855) 403-5982.