Tag Archives: banks

Who is the Weakest Link?

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Large banks have been taking the cyber breach lime light lately.  In the entire process of security vulnerability, who is the weakest link?  A new Wall Street Journal article says law firms win the cyber vulnerability award.  Law firms have very valuable data regarding, inside information of M & A deals, patents, pending news, and more.  Most law firms use virtual data rooms (VDR’s).   If you look closely, the award winner may not really be “law firms” but “virtual data rooms”.  This “weak link” hasn’t had much written about it lately.  The most recent VDR cyber breach came out from the Drop Box hack. These VDR’s will probably have an increased amount of security issues just because of the data that is stored in them.