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Cyber Risks in Professional Services: A Case Study in Trust & Security
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Cyber Risks in Professional Services: A Case Study in Trust & Security Arkady Kovtun 21 Mar, 2025 Trust and confidentiality are the cornerstones of professional services, particularly in the legal, financial, and accounting sectors. However, these attributes make professional services firms prime targets for cybercriminals. A single breach can compromise client trust, expose sensitive information, and lead to operational and reputational damage. A recent example involving Brydens Lawyers, one of Australia’s largest law firms, underscores the severity of the threat. In February 2025, Brydens was hit by a ransomware attack in which over 600GB of sensitive client data was stolen and used to extort the firm. The breach compromised privileged client communications and internal legal strategies, highlighting the vulnerability of law firms to sophisticated cyberattacks. This incident mirrors previous attacks on leading Australian firms like HWL Ebsworth and Bell and ...
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