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Cyber thefts cost law firms $14 million: Report

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A report by the Solicitors Regulation Authority of England and Wales found that cyber thefts cost law firms about £11 million ($14 million) in the financial year ended March 31, The Global Legal Post reported. The cyber thefts more than doubled while the amount stolen tripled to £3.2 million in the first quarter of this year compared with last year. About three-quarters of thefts involved email hacking fraud.

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