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27th February 2019

Shearwater Group join forces with IP Wales

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Shearwater Group recently joined forces with IP Wales, an award-winning business support initiative based at Swansea University, to host an event at the Welsh Government Office in London. 

The event, focused on Cyber Resilience and the online risks faced by busy Patent Attorney firms & IP Solicitors, was attended by representatives of several leading firms. They heard Jason Dunlop from Xcina (part of the Shearwater Group) and Associate Professor Andrew Beale OBE of IP Wales present findings from joint research into cyber breaches.

Two new free Intellectual Property guides were also launched at the event for www.ipcybersecurity.com, with Professor Beale and Felix Manig of Control Risks presenting their IP Wales Guide to Cyber Defence, and David Lewis of Capital Law Solicitors providing a presentation on the IP Wales Guide for the protection of trade secrets using Employment Law. Following the presentations one of the attendees, Maria O’Sullivan from Keltie LLP commented, “While some trade secrets may be patentable, businesses can rely on their Patent Attorneys to advise them on the best option to protect their valuable intellectual property… Firms needs to invest time and money in a good cyber security policy, to protect against external threats and to promote internal best practice for handling trade secrets. It is of paramount importance that SMEs, from the outset, ensure resilience to the growing cyber threats and risks in the commercial world today.”

Using software monitoring the dark web, the Shearwater/IP Wales research revealed that of 58 leading UK IP law firms, only 1 was found to have suffered no cyber breach. The remaining 57 were recorded as having suffered 81,767 cyber breaches over a ten year period, resulting in the leaking of 80,293 data items with 28,232 passwords compromised.

Faced with these alarming statistics, an event providing an overview of, and advice on, the cyber risks facing the IP community may have been well overdue.

For further information about the cyber security recommendations made to participants, please contact us on 02921 888111/info@xcina.co.uk