With increasing threats such as data breaches and cyber-attacks, law firms are focusing more on internal risk management. Areas of attention include conflict of interest, client confidentiality, anti-money laundering, cybercrime, and more. Law firms describe the critical importance of having an internal, integrated risk management, compliance, and internal audit framework to mitigate potential risks that could potentially harm the client or the firm’s reputation.

M&S issues update as crippling nationwide IT outage still ongoing – The Sun
Marks & Spencer (M&S) halted online orders in the UK and Ireland following a cyber attack, leading to a 5% drop in share price. Physical