LEGAL & ACCOUNTING SECTOR

All stakeholders in the legal and accounting sector are concerned.

Lawyers, Notaries, Auctioneers, Jurists, Legal Secretary, Territorial Attaché, Notary Clerk , Registrar , Magistrate, Bailiff, Judge, Consulting firm, Accountants, Accountants, Auditors, Auditors, Management controller, Etc ..

Cyber risks in the legal and accounting sector

  • Sector: Contains a lot of confidential data on their customers and their operations.

  • Few structures have IT security managers available, and when they do, the shield is not insurmountable. *

  • "The lawyers' digital balance sheet is close to that of the craftsman, more than that of the SME". *

  • Despite certain centralized and protected digital spaces, the information systems specific to each practice are generally not protected. However, confidential data also pass through these same systems.

 

A large majority of players in these trades are not aware of the impacts of such an attack on their activity in the medium and short term.

 

* According to The Village of Justice

Ensure the sustainability and continuity of your mission

According to the CNIL, it is the duty of each company to ensure the security of your customers' data in all circumstances and therefore:

 

  • Ensure the sustainability and continuity of your mission, by remaining a reliable advisor, and by being trustworthy.

  • Protect machines and decision support software

  • Ensuring data protection

  • Ensure the protection of personal data

  • Ensure the protection & confidentiality of customer data

  • Legal: Professional secrecy, provided for in the Law Society Act, obliges lawyers to ensure that third parties will not have access to the content of their clients' files when they call on a cloud service provider (= drive) to host its files.

  • Protecting against abuse of privileges

  • Protecting against espionage

  • Secure online purchases and customer banking data

  • Ensure infrastructure protection

  • Preserving brand image and e-reputation

  • Interact securely

 

As many ambitions as risks in the face of cyber attacks!

Successful attacks

Mossack Fonseca, Weil Gotshal & Manges, Cravath Swaine & Moore

These three law firms were victims of cyberattacks in 2016.

Data security breach can have a big impact on business

  • Non-compliance with the GDPR: Legal & financial sanctions

  • Non-respect of confidentiality, therefore relationship of trust undermined with your customers

  • Financial impact: Data recovery costs, see final data loss if no efficient electronic archiving, additional operating costs (staff, use of external equipment, etc.), expert fees to identify the origin and the circumstances of a claim, recourse costs, cost of IT reconstruction, possible ransoms (Bitcoins> €)

  • Loss of activity, slowing down of production or even stopping production, delay in deliveries, therefore immediate loss of turnover

  • Damage to the image and reputation of the establishment

  • Loss of personal information

  • Website unavailability

  • Relationship of trust shaken with your customers

  • Non-respect of confidentiality

In order not to become the weak link in your clients, a legal or accounting firm must know their risks and their adversaries, in order to be able to put in place the appropriate security tools, CyberDetection

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News in Legal and accounting sector (french) 

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