Insurance

Cybercrime is challenging organisations everywhere, with daily news stories about businesses, government organisations and even global IT companies that have been hacked. Law societies and insurers have been warning lawyers about cyber risk, in particular…

Unless training is provided and proper accounts processes are in place, employees will often action fake payment requests that appear to come from a senior officer within the organisation.

Managing cyber risk is now an integral part of legal practice, and law firms should consider both risk management and risk transfer via insurance when planning cyber risk response.