As cyberattacks continue to escalate, law firms are increasingly concerned about keeping their data safe and secure. Many cyberattacks have been perpetrated by organized crime syndicates and “gangs” of malicious actors known as ransomware gangs. From 2020 to 2021, one quarter of all data breaches were due to ransomware. And ransomware technology was used in almost three quarters of all malware infections.
Nothing proved the need for cybersecurity best practices in the supply chain lifecycle more than last year’s coronavirus pandemic. Malicious actors around the globe took advantage of the disruption to launch ever more pervasive attacks at industries across the board. Supply chain attacks, or when hackers put malicious code or components into a trusted product to hijack systems along the distribution chain, are increasingly common.