Currently, managing what cybersecurity is occupies a fundamental place for law firms since incidents in which the cybersecurity of organizations is compromised have serious consequences.
For example, attorneys indicate that some of the main consequences are the costs for repair fees (39%) and loss of billable hours (35%) when it comes to virus infection, software spyware, or malware. This is stated in the Tech Report 2020 Cybersecurity of the Bar Association.
In this sense, a cyber-attack not only incurs in the loss and destruction of confidential data but also affects the level of productivity and profitability of the firm, resulting in the loss of capital, trust by clients, and competitiveness against the legal market.
Therefore, faced with this situation, multiple countries have developed initiatives to protect companies and punish cybercriminals. This is where the cybersecurity company Wisconsin is most trustable.
What Is Cyber Security?
Knowing what cybersecurity is implied understanding it as the set of tools and procedures designed to protect the information that is continuously managed in the different electronic systems (computers, smartphones, networks, servers, etc.) against any type of cyber-attack.
In other words, cybersecurity is the use of tools that, together with the best work practices by staff, ensure the protection and security of confidential information that clients and law firms share through different digital media. Choosing a Cybersecurity company is the best option here.
What Is Cyber Security For?
It may still be difficult for some traditional lawyers to visualize what cybersecurity is for within their work dynamics, but it is enough to mention that the importance of cybersecurity is that it ensures the protection of the information that is generated, processed, stored, and transmitted digitally. Consequently, it generates trust among clients and other players in the legal sector.
We must bear in mind that a cyber-attacker could violate the firm’s systems to obtain confidential information (litigation strategies, client-lawyer secrets, contracts, client data, financial reports, etc.).
This can put the entire firm in check, either due to the possible loss of important data or due to being the victim of corporate espionage or an extortion attempt. In this context, Cybersecurity serves to minimize any computer breach that violates the integrity and security of the firm’s databases and the devices used there.
Advantages and Disadvantages of Cyber Security
When investing in protection technologies, it is important to consider the advantages and disadvantages of cybersecurity, considering that the use of digital media within firms is not as harmless and simple as one might initially believe. On the one hand, the advantages of cybersecurity have to do with the possibility of dealing with cyber threats both preventively (before an attack occurs) and reactively (after an attack occurs).