Cleaver Fulton Rankin sets up Cyber Risk Unit

March 8, 2017

Cleaver Fulton Rankin has become the first law firm in Belfast to set up a specialist Cyber Risk Unit with the aim of tackling the growing issue of online crime. The Cyber Team will work with clients to manage the risks around cyber-attacks and cyber crises.

Director of IT and Finance at Cleaver Fulton Rankin, Patrick Fleming said, “We appreciate that cyber-attacks are very costly to a business and can do irreparable reputational damage. We don’t want any client to become yet another statistic, so with our combined legal expertise and experience of working with accountants and insurers, we can take a multi-disciplinary approach to ensure that clients receive the most comprehensive sound commercial advice on cyber issues, be that training and awareness of cyber risk; ensuring that technical security in contracts is sound; right through to loss and damage claims in the event of a cyber-attack.

Cleaver Fulton Rankin recognises the importance of managing cyber risk, and has become the first law firm in Northern Ireland to be awarded the IASME Governance Standard, which is a UK-wide accreditation in recognition of high standards of cyber security. The IASME Standard is recognised as the best cyber security standard for SMEs by the UK Government. The standard is based on international best practice, on how a firm deals with physical security, staff awareness as well as data backup.

Director, Patrick Fleming also added, “We regularly hear about expensive data breaches and system failure in companies’ IT security and regrettably this threat is set to increase as hackers get more and more sophisticated. It should give clients comfort that our own cyber security systems have received this level of accreditation, and that we can properly protect their information.  It is very likely that the IASME Standard will be a future prerequisite when tendering for government work, so we are delighted to be a ‘first’ for Northern Ireland, and ahead of our competitors in this regard.”