Businesses in the professional services industries started recognizing the cloud as a viable solution for their data and content management needs earlier than many others. Lawyers and law clerks need to consume and publish many documents in their daily routines. Secure document sharing in the cloud provides a great way to store, collaborate and access […]
virtual data room
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by MergerTechnology Staff Comments are off
Google Drive is one of the most sought after SaaS cloud storage solutions at the moment together with Dropbox, OneDrive and couple of other industry leaders. The variety of options may confuse corporate decision makers and it’s sometimes hard to pick the right solution for your needs. The situation becomes even more complicated when you look at […]
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by MergerTechnology Staff Comments are off
When any type of data is stored in any type of binary or any other digital form, it’s automatically subjected to the according laws and general practices created by the hosting country. With the emergence of the cloud and other methods of online data storage like virtual data rooms, the need of redefining the whole […]
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by MergerTechnology Staff Comments are off
Exchange of confidential documents via email has become a dangerous endeavor. This is especially true for law firms, investment banks and corporations. Take attorneys as one example. The bar obligates attorneys to protect the information of the clients, and apart from the financial damage the client may suffer, the attorney can be faced with a potential disciplinary measure. […]
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by MergerTechnology Staff Comments are off
Businesses of all kinds are vulnerable to cyber attacks. Lloyd’s estimated that businesses lose up to $400 billion per year due to data breaches. With the recent growth in mergers and acquisitions activity — 2015 was the biggest year for M&A ever, according to the Wall Street Journal — deal activity is drawing the attention of cyber criminals. Although there was always the risk of deal information leaking, now that documents are shared electronically, the possibility of unauthorized access to documents is greatly increased.