Will Cybersecurity Costs Force Small Firms to Merge? | Law.com

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Small firms have smaller staffs and smaller budgets, but their cybersecurity risk may not be proportional. One small boutique recently dealt with that problem by merging with a large firm, but industry watchers said there are ways for firms to manage cyberrisk while remaining small.

Consultants said discussion about cyberrisks is increasing overall in the legal community, but many firms haven’t firmed up their cybersecurity strategies. And small firms, they said, may not even be aware of their need for protection.

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