[REPORT] Future-Proof Your Firm: Actional Cybersecurity for Professional Services and Legal

Professional services firms, including legal service entities, are prime targets for cyberattacks due to the wealth of sensitive data they hold. This treasure trove includes intellectual property, financial information, legal documents, and personal client details. A cyberattack can severely damage a firm's reputation, as clients entrust them with keeping their data confidential and secure. As a result, robust cybersecurity is a critical priority for these information-rich firms.

CyberArk's Vision to Pioneer Secure Access for Workloads

Modern workloads operate across a complex landscape—cloud platforms, virtualized environments, data centers and SaaS applications. Each requires its own authentication method, from static credentials and PKI certificates to cloud service account tokens. The rapid growth and diversity of workloads across various cloud platforms and infrastructures—each relying on a mix of secrets, API keys, access tokens and passwords—have pushed workload access complexity to the limit.

64% of Australian Organizations Hit by Ransomware Were Forced to Halt Operations

Illumio’s recent Global Cost of Ransomware Study found that 64% of Australian companies hit by ransomware had to shut down operations as a result. Additionally, 43% of these organizations reported a significant loss of revenue, and 39% lost customers as a result of an attack. Most respondents indicated that reputational damage has overtaken regulatory fees as the most costly effect of a ransomware attack.

Proactive Identity Security: Addressing Unmanaged Endpoint Risks

When an electrician comes to fix something in your house, you wouldn’t just hand over the keys and leave. Instead, you’d stay to supervise and ensure everything is done correctly. Similarly, unmanaged endpoints accessing sensitive corporate data, such as contractor laptops, personal computers and call center systems, require the same level of oversight.

Shadow AI: A New Insider Risk for Cybersecurity Teams to Tackle Now

Disclaimer: Don't get me wrong, I love using generative AI daily for research and writing. This is about how other users could be using it when they don't know what they don't know and are accidental in their actions to hurt the organization where they work. Shadow IT has always lived in the background of organizations' environments with unapproved apps, rogue cloud services, and forgotten BYOD systems. Like all technology, the Shadow IT ecology is evolving.