Elite law firms have been hacked

A number of elite law firms have been hacked. Information is still to be released however there is a possibility that cyber criminals may have stolen valuable data.

These are considered ‘prestigious’ US law firms and even thou the media has just started reporting the incident today, the cyber attack occured during the summer of 2015.

US Law enforcement agencies are now involved and actively investigating the cyber breach to see if the hackers did or did not steal data. According to The Wall Street Journal, Hackers Breach Law Firms, Including Cravath Swaine and Weil Gotshal as two of the hacked law firms in the US.

The two law firms represent Wall Street banks and Fortune 500 companies including lawsuits all the way up to multibillion-dollar merger negotiations. All data is valuable in the right hands but there is tons of opportunity here for cyber criminals.

Nothing new but still amazing that cyber-attacks against businesses are on the rise using new phishing and spear-phishing techniques. There are also studies showing that a large majority of people fear that they will fall victim to identity theft or have to deal with their banking data being stolen.

How do you protect your business?

Here are 4 Simple Ways to Help Protect Your Business from Cybercrime and hackers

  1. Choose Good Passwords – Simple and basic steps to protect your systems from cybercrime. You can also enable two-factor authentication to further increase it.
  2. Install Security Hardware and Services – Another simple yet effective way to protect your data and systems from being accessed is to have an active firewall with security services including antivirus, content filtering and intrusion detection. You should have centrally managed and monitored Corporate Anti-virus and Malware protection.
  3. Update Your Systems – Very important and if you are with a managed IT services provider, they are already doing this for you. You should ensure all your systems are updated weekly including workstations, laptops and servers to mention a few.
  4. Educate Staff – Lastly, if you run a business, you should also discuss cybercrime with your team. This is probably the biggest IT security risk to any business. If users do not know, you are putting your business at risk.

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