Self-Inflicted Insecurity in the Cloud – Selling Legal Firm Data

The self-inflicted insecurity phrase being “…behind your own firewall….”

You can see the rest of the Oracle huffing and puffing here.

The odds of breaching law firm security are increased by:

  • Changing to an unfamiliar computing environment (the cloud), or
  • Changing to unfamiliar security software (cloud firewalls).

Either one is sufficient but together, security breaching errors are nearly certain.

Even with an increase in vulnerability, hackers still face the question of how to monetize law firm data?

The economics and markets for stolen credit card and personal data are fairly well known. The Underground Economy of Data Breaches by Wade Williamson, and Once Stolen, What Do Hackers Do With Your Data?.

Dumping law firm data, such as the Panama Papers, generates a lot of PR but doesn’t add anything to your bank account.

Extracting value from law firm data is a variation on e-discovery, a non-trivial process, briefly described in: the Basics of E-Discovery.

However embarrassing law firm data may be, to its former possessors or their clients, market mechanisms akin to those for credit/personal data have yet to develop.

Pointers to the contrary?

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