![]() Once a weak component is located and identified, it is paramount to assess what relevant cybersecurity policies and strategies need to be implemented in order the strengthen the weak component and achieve an overall secure computing environment framework. ![]() The aim is to ensure that it can identify the weakest link in its current computing environment framework by locating a weak component at an early stage and building an effective response to manage and mitigate potential attacks to its overall digital infrastructure. This involves a thorough analysis of the critical components of an organization’s virtual ecosystem as well as identifying what could happen if any of the critical components failed or became compromised.Ī law firm or company also should consider and identify the critical components of its overall computing environment and consider how each component interacts with one another. In this sense, a law firm or company must broaden its cybersecurity strategy by implementing effective countermeasures in order to create a resilient cybersecurity framework. Yet, despite these worries, these risks can be managed. Indeed, according to the UK’s Cyber Security Breaches Survey 2022, 39% of UK businesses said they were victims of cyber-attacks within the past 12 months.įaced with this picture, it is natural to worry most about the range of risks caused by cyber-attacks. Creating a resilient cybersecurity frameworkĪs cyber-attacks have become more sophisticated, the need to create a resilient cybersecurity framework has grown. Indeed, one of the most effective countermeasures with which to avert cyber-threats is to implement robust strategies, procedures, and standards that can protect an organization’s critical IT infrastructure while aligning with its business objectives or operational mission. Strengthening cybersecurity standards extends beyond installing firewalls. Law firms and companies do not lack strategies or ideas for strengthening their cybersecurity policies however, many lack practical guidance on how to effectively implement these policies and put them into practice. Eliot wrote, “Between the idea and the reality falls the shadow.” In other words, the gap between theory and practice can be wide. Not surprisingly then, the Securities and Exchange Commission proposed in March rules for companies to periodically disclose their cybersecurity risk management policies and strategy. ![]() Even more concerning is the unpredictability of cyber-attacks that can trigger cascading network and system failures that are well beyond existing cybersecurity policies or strategies. Indeed, a world in which more objects are computerized and digitized is a world with more targets for cyber-criminals. Strengthening cybersecurity is difficult, and advanced technologies such as the internet of things and the metaverse will inevitably make things worse. In some cases, cyber-attacks can threaten the Information Technology (IT) infrastructure of an organization with an outright collapse. Today, law firms and companies are subject to an array of cybersecurity risks, some predictable and some not, which can sharply impact their value, reputation, and functionality. How can law firms and companies best protect their most critical infrastructure: the IT systems and networks that are the backbone of those organizations?
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