Legal Archives - Lockton Affinity

Increased Ransomware Attacks Targeting Law Firms

News about the outbreak and spread of Covid-19 dominated headlines in 2020. Yet for many law firms, Covid-19 has not been the only kind of virus threatening their businesses. In the past year, there has been a massive surge in ransomware attacks targeting law firms and their computer systems.

Ransomware attacks have created a cyber crime epidemic, costing law firms hundreds of millions

December 18th, 2020|Financial, Legal, Small Business|

Minimizing Your Data Risks with Secure Passwords

Business owners must strike a careful balance between maintaining easy access to digital files and safeguarding the business’s confidential data. Hackers are becoming more and more sophisticated, which means it’s more important than ever to use secure passwords for all your files and devices.

To stay safe, your business’s password security must evolve to keep pace with advancing risks. Make sure you understand

Forming a Cyber Attack Response Plan

Cyber attacks are common and damaging for businesses. Yet many businesses do not have a sufficient cyber attack response plan of what to do in the event of a cyber attack. Even with the increasing frequency and cost of cyber incidents, as many as 34% of businesses don’t have a formal response plan applied uniformly across their entire

September 25th, 2020|Financial, Legal, Small Business|

Top Four Cyber Risks Faced by Law Firms

Law firms and lawyers face risks from doing business online every day. Email communications, digital files, privileged client and business records and sensitive financial transaction information are all attractive to hackers. To stay safe online, it’s important to know the risks, minimize exposure and protect against potential impacts. Here are the top four cyber risks faced by law firms in 2020.

1. Crypto-Jacking

July 14th, 2020|Legal|

Returning to Offices After COVID-19

The last few months have been full of uncertainty. Now that things appear to have turned the corner, restrictions are easing and businesses and organizations are preparing to reopen. But returning to offices after COVID-19 itself can seem like a daunting task. A return to normal operations is crucial, but so is managing risk in these uncertain times.

It’s important to be organized.

June 8th, 2020|Franchise, Legal, Small Business|

Email Wire Fraud Scams Affecting Lawyers and Their Firms

More and more, scammers are targeting lawyers by sending forged emails to law firms, clients and financial institutions. The scam typically involves a compromised email account, which can be the lawyer’s, the client’s or even the bank’s. Scammers monitor the account to uncover pending transactions, such as a real estate purchase, a loan or the settlement of a lawsuit.

At the appropriate time

October 11th, 2019|Legal|

Risk Management Tips by Industry

At Lockton Affinity, we custom tailor, implement and manage insurance solutions for a wide variety of industries. Along with customized insurance programs, we provide risk management resources, too.

Find your industry below to browse risk management tips that apply to you and your organization.

Find Risk Management Tips for Your Industry

Franchise Systems

Protecting Personally Identifiable Information

In today’s technology-driven economy, companies across all industries store large amount of their clients’ information. Personally Identifiable Information (PII) is extremely valuable for cyber terrorists, and without the proper protection, businesses are prime target for cyber terrorists.

While stories of cyber-attacks in the news focus on large corporation hacks like Target and Equifax, small businesses are attacked every day.

What is Personally

June 27th, 2018|Legal|

10 Loss Prevention Tips for Attorneys

From clear communication to proper documentation, there are many ways you can prevent malpractice claims and subsequent loss at your firm. Follow these loss prevention tips for attorneys to protect your firm.

Choosing Clients

  1. Avoid Conflicts of Interest

Allegations of conflict of interest drive both frequency and severity. Watch carefully for conflicts arising from dealings with former or current clients and avoid those arising

March 22nd, 2018|Legal|

The Threat to Confidentiality: Ten Tips for Law Firms to Avoid a Cyber Incident

The Cyber Breach

Unfortunately, law firms are still regarded as “soft” in the comparative world of cyber targets. Many law firms use systems that are easier to penetrate than those of their more sophisticated clients. This imbalance in technology leaves the law firm as the weakest link in the data chain and an obvious target for cyber criminals.

Further, lawyers, even if employed at

November 28th, 2017|Legal|