Though the deal eventually fell apart for unrelated reasons, the incident illustrates the vulnerability of law firms. They are increasingly threatened with a loss of client business if they can’t show improved security as such attacks continue to escalate. Stephen Surdu, vice president of professional services at Mandiant Corp., a cybersecurity firm that tracks industrial espionage, compared the risk of hacking in the mergers and acquisition arena to gambling. “You’re playing poker, and there’s a mirror over the other guy’s shoulder,” Surdu said.
LINK TO OUR HOME PAGE :