American Bar Association to offer cybersecurity insurance to law firms

After a year which saw multiple law firms end up in the headlines for data breaches, the American Bar Association expanded its insurance program Tuesday to offer cybersecurity coverage.  The new offering, ABA President Linda A. Klein said in a statement, comes at a time when “the number of cyber breaches increases everywhere and throughout […]

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Hackers breaching law firms for insider trading info

Two of the most prestigious law firms in the US who are best known for their financial services and corporate practices have had their computer networks compromised by hackers. According to the WSJ, the FBI is investigation breaches at Cravath Swaine & Moore LLP, and Weil Gotshal & Manges LLP, trying to ascertain whether the attackers managed to access information that could help them with their insider trading efforts. Warnings are sent out Apparently, other … More Continue reading Hackers breaching law firms for insider trading info