We cannot deny that data breaches are on the rise. According to the Wall Street Journal, the number of breaches tracked by the national Identity Theft Resources Center is up, and the FBI is reporting a notable increase in ransomware. Meanwhile, New York State Attorney General Eric T. Schneiderman says data breaches in his state are up 40 percent over last year.
At legal technology industry conferences across the country, I hear rising concern about the potential for hackers to get at the collections of client data that law firms store and process for e-discovery. According to a 2016 study of data breach costs by the Ponemon Institute, the average cost of a data breach is now $4 million.
But more important than the financial loss would be the reputational damage to the firm, loss of clients and perhaps even litigation. What if a breach resulted in the loss of a client's intellectual property? Damages could be astronomical.
I wanted a certification that separates me from my peers. Upon discovering CEDS, I was convinced this was exactly the type of distinction I had been seeking. Since achieving CEDS certification, I’ve noticed immediate recognition from my organization, colleagues, and current and prospective clients.They acknowledge they are more comfortable working with a person who has taken time to seek such certification. CEDS has certainly been worth the small investment and should continue to beget returns for years and years to come.
Andrew Bayer, CEDS
I get bombarded with all kinds of e-discovery stuff – news, blogs and whatnot. Let me tell you, you guys send the absolute best! I send it to all my partners and sales folks. I said, who are these guys? I have to get to know them better!
Kevin Glass, Managing Partner
Boston Litigation Solutions
As a trial lawyer, day-to-day information processing is daunting for my client service. I’ve come to rely on ACEDS to keep me on the ‘edge’ of the curve on e-discovery. It’s a source I ‘ping’ ASAP.