After learning about a set of emails and passwords that was stolen from their servers in 2012, it wasn’t until 2016 that the true impact of the hack would materialize, and the hack was much, much bigger than the company originally admitted. Millions of people had their login credentials exposed, which prompted the company to reset all passwords going back four years. In 2016, file hosting site Dropbox was hacked. Have you been tasked with managing your company’s capital-raising initiative and need a way to share sensitive information? If so, then your “to-do” list probably includes finding a solution for managing all the documents involved in these activities. If you’re launching the due diligence process for your firm’s next (or first) acquisition, you may be wondering if using Dropbox for due diligence is okay.
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