Legal
Legal
Industry
Legal
Legal
Industry

Legal

No one is immune to cyberattacks. Every industry and business sector will at some point experience one or have already experienced one.

This includes legal firms, judiciary and organizations involved in asset and wealth management or are HNWI (high-net worth individuals), family offices and venture capital firms.
This includes legal firms, judiciary and organizations involved in asset and wealth management or are HNWI (high-net worth individuals), family offices and venture capital firms.
Business Email Compromise

Common Threat – Business Email Compromise

These industries are prime target for hackers and cybercriminal are always looking to make a quick financial gain. Business Email Compromise (BEC) is one of the most common methods of exploitation, targeting the organization or the supply-chain finance team to direct invoice payments to different bank accounts that the criminals hold.

Major financial theft from BEC is unfortunately becoming a regular occurrence for many organizations in the Middle East and specifically the small to medium enterprises due to the lack of documented and stringent processes in place for such financial activities. Legal and asset management firms are involved in large transactions and given the size and lack of security controls and processes make them a prime target.

Emails can be compromised and if validation is not in place to verify the request (for example, change of bank account of existing supplier) one can easily fall victim thinking the email was legitimate (which it was, but sent by the cybercriminal with a compromised account).

Common Threat – Business Email Compromise

These industries are prime target for hackers and cybercriminal are always looking to make a quick financial gain. Business Email Compromise (BEC) is one of the most common methods of exploitation, targeting the organization or the supply-chain finance team to direct invoice payments to different bank accounts that the criminals hold.

Major financial theft from BEC is unfortunately becoming a regular occurrence for many organizations in the Middle East and specifically the small to medium enterprises due to the lack of documented and stringent processes in place for such financial activities. Legal and asset management firms are involved in large transactions and given the size and lack of security controls and processes make them a prime target.

Emails can be compromised and if validation is not in place to verify the request (for example, change of bank account of existing supplier) one can easily fall victim thinking the email was legitimate (which it was, but sent by the cybercriminal with a compromised account).

Business Email Compromise

Data Protection

By the very nature of what legal firms do, they tend to accumulate highly sensitive and confidential information and intellectual property from clients and representatives. Law firms are increasingly becoming a major challenge for data privacy and protection. Law firms must ensure they abide by breach notification policies and provide confidence to their customers and clients that their data is secure and protected.

Common Challenges faced by Law and Asset Management Firms

How DTS can help the legal and asset management sector

Data Protection

By the very nature of what legal firms do, they tend to accumulate highly sensitive and confidential information and intellectual property from clients and representatives. Law firms are increasingly becoming a major challenge for data privacy and protection. Law firms must ensure they abide by breach notification policies and provide confidence to their customers and clients that their data is secure and protected.

Common Challenges faced by Law and Asset Management Firms

How DTS can help the legal and asset management sector

Our Services

Our Services

Cybersecurity Program and Framework Development
Cybersecurity Program and Framework Development
Cybersecurity Assessment
Cybersecurity
Assessment
Cybersecurity Controls
Cybersecurity
Controls