Sunday, January 29, 2017

2017: New Year, New (and Old) Risks




Happy 2017. Having returned from a brief break (including restful rejuvenation in my metaphorical volcano risk lair), and having now learned the risks of a New Year’s resolution to blog more (apologies for the extended absence), we now return to covering the issues of the day.
 
(Note: While the blogging went on hiatus, the reading and research did not, so in the coming days I’ll highlight some of the key developments and news of the past few weeks -- to mitigate the risk of readers missing something compelling, of course.)
 
Let’s start with security. I was recently asked by LegalTech News to provide a take on “hot issues” for 2017. So what follows is a bit of a creative writing exercise undertaken in the spirit of "Fifteen Minutes Into the Future" speculative fiction, focusing on one potential future news article:

"Is 2017 the Year a Leak Sinks Your Firm? A look into the future for the lessons learned from the 'hack' of one major firm." --
 
  • "It was both literally and figuratively a dark and stormy night, at least according to the FBI forensics report. That pinpointed New Year’s Eve as the moment when a vast trove of extremely sensitive data was stolen from the firm Krennic, Erso & Tarkin. While the office was quiet and closing, with most out celebrating the eagerly anticipated end of 2016, its servers were subjected to a sophisticated digital heist."
  • "This was not the first time a law firm had experienced a security breach. But what happened next was indeed unprecedented."
  • "First, came the cocky pronouncements from WikiLeaks. That they had obtained 'the crown jewels' from an extremely prestigious law firm. That they planned to make tsunami-level waves, releasing information from clients including high-profile financial services firms, high-net-worth individuals, several lobbyist and political non-government organizations, and white-collar criminal defendants."
  • "Further twisting the knife, WikiLeaks stressed that they would be releasing this data slowly, in a manner staged for 'maximum impact,' as per their stated policies. This was an unpredictable organization, but its agenda wasn’t."
  • "The media feeding frenzy that followed was expected. The chain of events that sparked, was not—the wholesale departure, first of clients, then associates, and then partners from the firm."
Read on for more details in the scary story, including why the silver lining of the security nightmare was actually due to the cloud (document management system).

[What’s that old saying? All actors want to sing and all bloggers want to screenwrite Blade Runner 2049? >smile<]
 

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