Law firms Baker McKenzie, Squire Patton Boggs sued over cyber breaches

By Reuters News

By Mike Scarcella

- Prominent law firms Squire Patton Boggs and Baker McKenzie have been hit with proposed class actions in US federal court by plaintiffs who say cyberattacks exposed sensitive personal information that the firms had collected and stored.

Here are the details:

  • The lawsuit against Baker McKenzie, one of the world’s largest law firms, was filed in federal court in Illinois on Wednesday. The complaint targeting Squire Patton was lodged in federal court in Ohio.

  • Baker McKenzie last week disclosed to state regulators that the firm suffered a data security incident in ​August. The ⁠firm said a cybercriminal “socially engineered two of ​our users” to obtain a limited number of files but that “there was no independent malicious access to our ​system."

  • Squire Patton Boggs in October disclosed a breach to state regulators that it said involved "an unauthorized third party obtaining a limited set of information ​from the firm."

  • The law firms did not immediately respond to requests for comment.

  • Law firms hold corporate client communications, merger and acquisition details, intellectual property and government ​and financial records, making them attractive to hackers.

  • New research by the cyber consulting firm CrowdStrike shows that data breaches involving law firms and other legal industry entities have doubled since 2023. Several other firms in recent months have been hit with proposed class actions following a data breach.



Read more:

Law firms Baker McKenzie, Troutman targeted in cyber breaches

Researchers warn of surging law firm cyber attacks fueled by AI

Pentagon hit with class action over data breach affecting millions of military members

Law firm Greenberg Traurig faces class actions after cyber breach

Data at law firms Quinn Emanuel, McDermott exposed in cyber breaches

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk