January 6, 2017
Cybersecurity: Big M&A Law Firms Hacked!
Over the years, we’ve blogged a few times about law firms & hacking, such as this one about emails & phishing and how law firms should strengthen their cybersecurity.
Last week, the SEC announced an enforcement action that is based on two big NYC firms being hacked by some Chinese traders who used the stolen information for insider trading. The SEC’s complaint doesn’t identify the firms – maybe because there’s a parallel criminal proceeding & the law firms are victims of a crime – but this American Lawyer article and WSJ article seem to identify them…
– Broc Romanek