EDTS Cyber has the immense privilege and responsibility of working closely with federally regulated industries as a third party auditor and Managed Security Services Provider (MSSP).
The legal industry shares many characteristics with federally audited industries like medical and financial, not the least of which are:
- Valuable data: lost legal records cost firms an average $221 per record 1. Data from legal files can be sold on the black market for $1 to thousands, depending on the nature of the information.
- Heavily targeted by attackers: 24% of law firms surveyed for the 2017 Ransomware Report reported attacks between Q2 2016 and Q2 2017.
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The terms "security incident" and "security event" are used by cyber security professionals to describe potential data breaches, but what is the real difference between the two — and which one poses the most threat to your company?
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