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Supplier security: Manage the cyber security risks of supply chains

Inter-firm collaboration is required to manage the cyber security risks created by supply chains, says Phil Huggins

20 March 2015

Heightened client expectations, coupled with the pressure to cut costs, have forced fundamental change in the legal sector. In response, countless law firms have created a greater focus on their core business, while partnering with legal process outsourcing providers. From admin and IT support to accounts payable and legal services, firms are placing a high level of trust in external suppliers. As a result, the strategic importance of the legal market's supply chain - the external ecosystem that underpins the operation of every organisation and its resilience - must be moved up the agenda of law firm management.

Outsourcing, partnering and joint ventures introduce greater systemic risk to both individual firms and industry sectors as a whole. While it was previously possible to view the supply chain
as distinct, separate and often subservient to the business,
supply-chain partners have b...

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