Why should law firms and enterprise legal departments use GhostDrive storage?
Companies of all kinds understand the value of remote storage. Cloud storage is less expensive than buying capital assets to store data, and companies do not need to plan storage capacity. A company pays for what it uses, and no more. The more they use, the more they save.
Even sensitive, confidential information finds its way to the cloud, enabled by encryption. With encryption and multiple backups, most companies believe their data remains confidential, secure, and available.
Law firms and the legal departments of large companies are a special case. The digital records they keep have a far greater amount of sensitive information, and the ability to keep that information secure is an important part of our legal system. Lawyer-client privilege is a key element of the law, and what a client says to his or her lawyer should never be divulged. The same can be said of statements made in a deposition. Corporate lawyers see a tremendous amount of privileged information that could affect the reputation of their employers, including financial information before it becomes public. In these legal settings an abundance of care and caution is called for.
GhostDrive provides the extra measures of security that make remote storage of legal records secure. In addition to military grade encryption, GhostDrive divides files into smaller pieces or shards, and then through the private GhostDrive blockchain distributes those pieces to multiple storage location across a wide geographical area. In addition to these measures, GhostDrive account holders can use multi-factor authentication, including voice and other biometric measures. These extra layers of account security are exactly what is needed by the legal industry.
So, when a corporate lawyer settles a sensitive, potentially damaging conflict with a buyer, supplier, or customer, he or she can trust that their confidential, non-public settlement will remain private.
And, when a practitioner of criminal or family law takes a deposition, or documents the discovery process, he or she can assure their clients that their statements will remain confidential if legally possible. The trust and the candor it enables between client and lawyer is an important aspect of the legal process that is supported by GhostDrive technology.