Professional services firms, including law, accounting, and consulting firms, have become prime targets for cyber crime, facing both conventional encryption-based attacks and targeted social engineering combined with data theft.
According to the cyber team at Gallagher, understanding the current cyber crime threat landscape is vital for these firms to ensure they have the right governance in place, reducing risk and increasing their ability to guide clients towards better resilience.
Recognising and addressing this change in approach is important so firms can ensure they have the right governance in place.
The firms are facing a more human-centred approach, which includes targeted social engineering combined with data theft, making it essential for them to be aware of the threats and take necessary measures to overcome them.
Author's summary: Cyber crime targets professional services firms with encryption-based attacks and social engineering.