Article summary
The Law Society of England and Wales has published cyber insurance guidance for law firms that outlines how they can be protected in the event of a cyber-attack, specifically how costs and losses can be covered. The guidance discusses the risks for law firms and how they can be reduced, what cyber insurance is and covers, Professional Indemnity Insurance (PII) and consulting a broker. The guidance has advised that the risks are assessed when determining if cyber insurance is needed, managed and (if allowed) transferred.
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