Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For an industry that encourages its clients to protect themselves extensively against risks that could lead to damages to their business, results show that not all attorneys practice what they preach, Marsh’s 2014 Global Law Firm Cyber Survey reveals.

The concern surrounding cyber threats in the legal profession supports research dating back to 2011 from cyber security firm Mandiant, which stated that 80% of the largest 100 law firms had been hacked. But despite this pressing concern, 72% of respondents acknowledged that their firms have not assessed and scaled the cost of a data breach based on the information. Furthermore, 51% have not taken precautionary measures to insure their cyber risk, or are unaware whether their firms have taken such action. And nearly two-thirds of respondents have not calculated the effective revenue lost or extra expenses incurred in the aftermath of a cyber attack.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.