NZLS publishes guidance on cyber safety

The guidance highlighted common threats like business email compromise and ransomware

NZLS publishes guidance on cyber safety

The New Zealand Law Society has published a guidance on cyber safety in legal practice.

The guidance was released at the close of Cyber Security Awareness Month last month. It highlighted business email compromise (BEC), ransomware, phishing and credential theft, and third-party or supply-chain compromise as common cybersecurity threats.

In BEC, cybercriminals redirect trust-account payments by pretending to be lawyers or clients. With ransomware, attackers lock systems or encrypt data, charging a ransom for their retrieval.  

In phishing and credential theft, login details are obtained through malicious links or attachments. With third-party or supply-chain compromise, the ones attacked are IT providers, cloud storage or document-sharing services.

Small firms, particularly those holding client funds or commercially sensitive information, are not exempt from being cyberattacked, according to the New Zealand National Cyber Security Centre (NCSC) and CERT NZ.

The Law Society recommended that law firms determine whether external platforms for cloud and AI tools satisfy privacy and confidentiality requirements. It suggested that lawyers avoid providing sensitive client information to unprotected generative AI tools.

It recommended that organisations confirm fund transfer instructions with clients by phone or in person. It also suggested that organisations get specialist cyber insurance. The Law Society also urged organisations to check where client information is kept and processed, especially if they are working with overseas vendors.

Law firms were urged to implement the following general cybersecurity measures:

  • Multi-factor authentication on all accounts, particularly email, cloud and trust-account systems
  • The use of strong passwords and a password manager
  • Regular software and security update cycles
  • Deactivation and removal of accounts that are old or belong to departed staff
  • Regular staff training on phishing and safe email practices
  • Clear policies for the verification of changes to bank details or payment instructions
  • Incident response plans including contact details, a process for isolating compromised systems, and a process for informing clients or regulators
  • Encrypted, tested backup storage of data offline or in a secure cloud
  • Recovery process for the quick restoration of data