Law firm working with Fortune 500 companies struck by ransomware attack
Tuesday, July 20, 2021
Campbell Conroy & O’Neil P.C., a leading law firm that counts among its customers some of the world’s largest companies such as those in the Fortune 500, has been struck by a ransomware attack.
Ilia Kolochenko, founder of application security company ImmuniWeb SA and a member of Europol Data Protection Experts Network, believes that the most valuable data from the law firm was not personally identifiable information but rather those behind the attack were searching for more sensitive information.
“Smart cybercriminals are chasing for sensitive dossiers of wealthy or politically exposed customers, looking for attorney-client privileged information or other sensitive litigation-related data,” Kolochenko said. “Modern cyber gangs are well aware of it, and on the dark web, there are dedicated channels to buy and sell data from compromised law firms.”
Worse, he added, “in some jurisdictions, stolen data, especially related to serious tax fraud, can be admitted in court proceedings both in civil and criminal cases. If such data was compromised, the criminals will almost certainly try to extort the law firm and its clients in parallel.” Read Full Article
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