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The Challenges Law Firms Face with Information Security Compliance and Risk

Information Security Compliance and Risk

The Challenges Law Firms Face with Information Security Compliance and Risk

In the legal arena, the confidentiality between a client and his or her lawyer is not only a professional bond of trust but, also, an aspect mandated by law. For firms that work with healthcare organizations, there is an additional challenge to confidentiality: They are subject to the Health Insurance Portability and Accountability Act (HIPAA).

HIPAA and Other Regulatory Compliance: Confidentiality Is Key

As “business associates” who may work with Protected Health Information (PHI), attorneys are directly liable for any unauthorized or illegal disclosures of PHI under HIPAA.

IT Security Is Part of Managing Compliance and Risk

Law firms often underestimate the importance of cybersecurity in their field, despite the fact that experts believe they could be a major weak point, ripe for targeting by cyber criminals. Because most companies have a relationship with a law firm, many IT security professionals believe that the unsophisticated infrastructure of these firms could be a direct path for hackers to obtain client company information—as is suspected to have happened in a 2010 attack on Google.

In order to keep both client and internal asset data safe from cyberattacks, it will be an ongoing challenge for law firms to ensure they have sufficient infrastructure and cybersecurity. This will keep all parties safe from breaches and ensure continued compliance with privacy practices.¹

Automate Your Firm’s Regulatory Compliance Management with Aruvio

An easy way to address challenges like these is to manage compliance and risk activities with an automated system like Aruvio’s Governance, Risk and Compliance software. With our common controls framework, the software can be easily tailored to your needs in the legal field in order to manage tasks related to corporate governance and regulatory compliance.

To learn more about Aruvio, call us today at (855) 927-8846.

Source

  1. http://www.americanbar.org/publications/gp_solo/2013/july_august/new_hipaa_liability_lawyers.html

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