top tip
TLI Top Tip: Are you adequately covered for Cyber Risk?
April 16, 2026
Preview
We have written before about the fact that law firms are targets for cyber criminals. (See, August 14, 2025 Top Tip). It is not “if” you will have a cyber incident, but “when.” This is true regardless of how large a firm you have or what kind of law you practice. All law firms have confidential client information that cyber criminals can hold hostage and/or release if ransoms are not paid. And cyber criminals also know that most law firms have money – theirs, their clients', and third parties’.
Cybersecurity attacks, along with system failures and outages, can lead to significant out-of-pocket costs that severely impact an organization’s bottom line. Traditional insurance policies, including your professional liability policy, are typically not designed to cover or respond to cyber exposures. A cyber policy is specifically designed to address these gaps. That is why it is critical to make sure you…