FROM THE RESEARCH DESK

Law firms and financial advisors in New York City are facing their most dangerous quarter yet. In the first six weeks of 2026, cybercriminals launched targeted attacks against professional services firms at rates 47% higher than the same period last year, with average ransom demands reaching $2.3 million for law firms and breach costs averaging…

AI should be an advantage, not a liability. Yet many businesses rush to adopt AI tools without thinking through the risks or building systems to manage them safely. Without proper oversight, AI can create more problems than it solves. Companies face threats like data breaches, model failures, and compliance violations that can damage their reputation…