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Mitigating Risks at Professional Service Firms Using Artificial Intelligence

By Brian P. Piatek
June 01, 2022

Each day, law firms, accountancy firms and corporate law departments are bombarded from the outside and the inside by threats. Threat management has become a full-time task. In mitigating external threats, firms have added layer upon layer of protection such that their security resembles an onion in trying to protect the intellectual property of both firm and clients.

Internal threats are both more difficult to pinpoint and less often reported. The tools law firms had available in the past for their discovery were generally too weak to detect data loss in real time. Only a detailed forensic analysis was able to determine the scope and breadth after the fact. Often firms are simply not aware that documents are being purloined until it becomes evident through social media or by other actions of personnel who have left the firm with documents.

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