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Morae and Halcyon Join Forces to Combat Ransomware in the Legal Industry

In an era where cybersecurity threats loom large, the legal sector is particularly vulnerable due to the sensitive information it handles. To combat this risk, Morae, a renowned leader in digital solutions for the legal industry, has announced a strategic partnership with Halcyon, the top provider of anti-ransomware technology. This collaboration marks a significant step forward in empowering law firms and corporate legal teams with comprehensive cyber defense mechanisms.

The Growing Threat of Ransomware

Over the past few years, ransomware has emerged as one of the most destructive cyber threats faced by organizations. The legal sector, dealing with confidential and high-value data, has become a prime target for such attacks. Reports indicate that from 2018 to the present, there have been 195 ransomware incidents affecting legal entities, compromising over 2.9 million records. These attacks demand an average of $2.5 million, making it imperative for legal professionals to proactively safeguard client data and adhere to stringent global compliance standards, including GDPR and ISO 27001.

Traditional security measures often signal dangers too late, leading to significant data losses and operational disturbances. Morae and Halcyon's partnership, however, introduces a game-changing strategy built on resilience, disruption control, and expedited recovery.

An Innovative Approach to Cyber Defense

The partnership's strategy centers on providing legal entities with an end-to-end solution designed to deliver critical operational advantages:

• - Risk Mitigation: Ransomware threats are identified and contained before they impact business operations, utilizing advanced artificial intelligence and behavior detection to neutralize ransomware signals early, thus preventing the spread of attacks.
• - Operational Continuity: Rapid restoration of systems and data minimizes downtime, ensuring that legal operations continue with little to no disruption.
• - Data Resiliency: Backup layers maintain data integrity, keeping business-critical information safe and recoverable, even in the face of an attack.
• - Trust and Transparency: Clients, boards, regulators, and insurers can be confident that robust ransomware defenses are in place, bolstering trust in the legal process.
• - Continuous Improvement: The partnership captures intelligence from every ransomware attempt, fostering an evolving defense strategy that continually enhances protection effectiveness and contributes to a holistic cyber defense network.

Insights from Leaders

Keith Fenner, Chief Revenue Officer at Morae, emphasized the importance of safeguarding sensitive data: "Legal professionals manage some of the most sensitive information globally; therefore, outstanding information governance and security extend beyond mere compliance—they represent a critical business necessity. Our clients must have the highest level of security, ensuring their data remains secure throughout its lifecycle, even amidst sophisticated cyber threats. Through our partnership with Halcyon, we can deliver precisely that."

CJ Radford, Vice President of Strategic Partnerships at Halcyon, further elaborated on the partnership's goals, stating, "Ransomware has evolved into a tool of business paralysis rather than just data theft. By joining forces, we are bringing top-tier cyber technology and expertise to the legal sector, equipping firms to defend, disrupt, and defeat ransomware with unparalleled speed and assurance."

About Morae and Halcyon

Founded in 2015, Morae has established itself as a reliable provider of digital solutions tailored for the dynamic legal landscape. Their dedicated team, comprising experts with legal backgrounds, strives to assist law firms and legal departments in meeting their critical business goals by offering strategic insights and advanced technological solutions.

On the other hand, Halcyon is recognized for its end-to-end approach to defeating ransomware, proactively disrupting threats throughout the attack cycle—from pre-execution to data encryption and exfiltration. With their expert team and comprehensive ransomware warranty, Halcyon helps businesses mitigate risks and ensures uninterrupted operations.

This partnership heralds a new age in legal cybersecurity, demonstrating a commitment to resilience and proactive defense against some of the most pervasive threats facing today's digital landscape. Legal organizations looking to enhance their cybersecurity posture can learn more about Morae and Halcyon's offer and how it could be beneficial in safeguarding their practices against evolving threats.