LMS, which manages the legal panels for a vast number of UK lenders including NatWest, HSBC, RBS and TSB, has selected Converge TS (now rebranded as CTS) to provide a managed security service to protect against cyber-attacks, we can reveal.
CTS managed detection and response (MDR) undertakes threat hunting, monitoring and investigation via its security operations centre. LMS required an advanced security service to enable them to meet the stringent security requirements of their clients.
MDR, which supports compliance with GDPR, ISO 27001 and Cyber Essentials Plus, is particularly focused on improving the firm’s mean response time: how long it takes to detect, analyse and mitigate a threat.
It brings together detection and incident response technology including security, information and event management (SIEM), intrusion detection and behavioural monitoring.
Nick Chadbourne, chief executive officer for LMS, said: “The increasing cyber threat means that data and cyber security is of paramount importance to us. We’re proud of our market-leading approach to compliance: it is the bedrock upon which our service is provided. With the support of CTS we can be confident in developing solutions which exceed our clients’ expectations, enhancing our ability to quickly identify and eliminate potential threats and maintaining our competitive advantage.”
Nigel Wright, CEO for CTS, added: “Research shows that almost three quarters of the UK’s leading law firms are seeing an increase in clients requesting a security audit. The rising cost of a breach, or of non-compliance with new legislation, means that firms are recognising the need for more advanced security measures to remain competitive.”