Law firms can mitigate the risk of a data breach through a variety of means, including: investing in cybersecurity tools, hiring internal and external cyber resources to augment the firm’s current information security practices, and arguably most importantly changing the firm’s culture to be more security conscious. No one size fits all solution exists for dealing with cyber threats, but with proper focus and resources, a firm can consider its unique factors and develop an information security posture that addresses its most compelling concerns.

While preventing a breach should be a paramount concern for any law firm, it is similarly important to prepare for what happens in the event that a breach occurs. Although there are options, such as cyber insurance, to help mitigate the direct costs of a breach, law firms must also look to other options to resolve these issues expeditiously. As the costs associated with litigating data breach claims continues to climb, it will become increasingly apparent that law firms must begin looking towards other dispute resolution mechanisms, such as arbitration, in order to mitigate and control costs.
 
Firms must take steps to create processes to mitigate and control the risk and fallout resulting from a data breach. A strong step in the right direction is Law Firm Cybersecurity, a resource that gives firms the tools they need to defend themselves.