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Three quarters of law firms are still unprepared for the EU general data protection regulation which comes into force next May, potentially opening them up to large penalties, according to new research. It also found that one in five law firms admitted to experiencing an attempted cyber attack in the last month.

Cyber security is becoming a central issue for professional indemnity insurers, and firms will in future need to demonstrate what protections they have against cyber criminals before they are offered cover, a leading broker has predicted.