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Friday, February 03, 2012

Is Your Lawyer the Weakest Link? Hackers Are Now Targeting

A profoundly troubling article by Bloomberg details expanding efforts by hackers to attack system networks of law firms to cull confidential data on sensitive deals and transactions.
One attack in particular involved China-based hackers looking to derail a $40 billion acquisition of the world’s largest potash producer by an Australian mining conglomerate.

According to the January 31, 2012 article entitled “China-Based Hackers Target Law Firms to Get Secret Deal Data,” the attacks have been sufficiently serious that the FBI’s cyber division convened a meeting with the top 200 law firms in New York City last November to address the rising number of law firm intrusions.

The hackers “zeroed in on offices on Toronto’s Bay Street, home of the Canadian law firms handling the deal.” According to the article:

Posted on 02/03