It’s been about eight months since a cyberattack briefly crippled the 3,600-lawyer megafirm’s operations—and nearly two years since attacks on Cravath, Swaine & Moore, Weil, Gotshal & Manges and other firms first went public. Since then, firms in the nation’s capital have quickened their behind-the-scenes efforts to thwart and respond to such attacks.
Law firms that didn’t have cyber insurance immediately began purchasing coverage after the DLA Piper breach, and large firms with cyber insurance increased their coverage, said Tom Ricketts, a senior vice president and executive director at insurance brokerage Aon Risk Solutions.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn