Any organization, including SMBs, can be a target of a cyber-attack, including a well-established law firm. A law firm specializing in complex litigation has announced (here, here) a ransomware attack and data breach (Thank you ride the lightening, additional info: here, here, here) There has been no mention of whether Cyber Insurance is in place, nor whether there was any loss mitigation techniques utilized, or even if ransom was paid.
eSpecialty Insurance uses its insurance expertise and technology resources to provide comprehensive and cost-effective specialty insurance solutions, including Cyber Risk Insurance for law firms. We can help you evaluate your exposures and needs, and provide Cyber Risk and other specialty insurance solutions. Get in touch to discuss your specialty insurance challenges.