Foley & Lardner LLP Partner Louis Lehot was quoted in the DealTech article, “Experts disagree on risk quantum hacking poses to law firms,” about potential to hack the decryption methods currently used to protect confidential data.
When discussing the current systems of security and encryption protecting law firm networks from quantum hacking, Lehot noted that, “The way we do M&A deals, the way we do emerging growth financing, it relies on the company that is being transacted to make a virtual data room available in the metaverse that has its most secret information within it,” he said. “If that information is compromised, the damage to the franchise is incalculable.”
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