Antas da Cunha ECIJA and LLYC have launched a partnership focused on cybersecurity
Antas da Cunha ECIJA and LLYC have established a partnership that aims to help companies and organisations prevent cyber risks, which have grown exponentially during the pandemic and caused operational and reputational damage to companies and organizations.
The integrated services of the reputation management, communication and public affairs consultancy (LLYC) and the law firm specialising in Digital Law (AdCE) will support public and private entities to minimise compliance and reputational risk, by ensuring a high level of cybersecurity maturity. The services are particularly aimed at entities to which the legislation in force in Portugal in terms of cybersecurity applies, namely the Public Administration, operators of essential services such as Energy, Transport, Health and Banking, operators of critical infrastructures such as hospitals and security services and providers of digital services provided at a distance by electronic means.
“A cyberattack can result in financial and digital information losses, and may even make it impossible for a company to continue operating, causing high reputational damage. The preparation and ability to carry out the communication of companies and organisations with the different stakeholders is therefore essential to protect their reputation in a cybersecurity crisis scenario. This partnership proposes to mitigate the risks of these threats through an integrated approach between LLYC’s strategic vision in reputation management and communication, and the reference experience in Digital Law of the international law firm Antas da Cunha ECIJA”, assures Tiago Vidal, partner and general manager of LLYC in Portugal.
The number of cyberattacks grew significantly during the pandemic period. According to the 2020 Annual Report on Internal Security (RASI), Portuguese authorities recorded a 93% increase in cybersecurity incidents compared to the previous year, with phishing as the top source of the attacks. Data from the European Communication Monitor also reveals that the majority of companies (54%) have already had to manage a cyberattack.
“In the vast majority of organisations, there is still a long way to go in preventing and preparing for crises created by cyber threats. It is no longer enough to simply report to the authorities, to which the sectors are obliged by Law. European pressure is increasing to strengthen the digital resilience of companies, so work needs to be done to comply with Legal requirements for the protection of personal and business data, in order to anticipate cybersecurity crises that can result in serious and very serious breaches with significant associated fines,” said Fernando Antas da Cunha (pictured), managing partner of Antas da Cunha ECIJA.
This partnership focused on cybersecurity also covers the Spanish market, where LLYC and ECIJA have a strong presence.