Law Firms Urged To Get Cyber Insurance Amid PII Changes

By Tom Fish (August 4, 2022, 9:02 PM BST) -- The Law Society urged law firms Thursday to protect themselves against online attacks by getting specific cyber insurance after regulators explicitly excluded firms' losses from coverage under professional indemnity policies.

The group, which represents solicitors in England and Wales, emphasized in new guidance that only clients — not firms — are covered against such attacks under law firms' professional indemnity insurance.

"It's not a strict regulatory requirement for solicitors to purchase cyber insurance — but it's a sensible precaution," Law Society president I. Stephanie Boyce said in a statement. "Failure to purchase such cover may conflict with solicitors' regulatory responsibility to...

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