One of the most probable and biggest threats for managing the confidential data is the social engineering. The social engineering is the art of manipulating people and resulting in giving up the confidential information.
Advanced Machine Learning for Business Professionals
Why social engineering is considered as major pitfall for virtual data rooms?
1. Why Social Engineering Is Considered As Major Pitfall For Virtual
Data Rooms?
One of the most probable and biggest threats for managing the confidential data is the social
engineering. The social engineering is the art of manipulating people and resulting in giving up the
confidential information. As the social engineering is devastatingly effective in this era of
information sharing, majority of the virtual data room providers spend lot of time in ensuring that
their professionals are well familiar with different security tricks which could handle the most
secure systems.
There are some major factors that make social engineering the weakest link in managing the online
data rooms. Let us have a look on those factors:
Misusing the professional trust:
Those who practice the social engineering could misuse the trust between the employees. Its source
could be from anywhere, like the phone call or any other communication areas that include the
emails from any spoofed or hacked address. The contact may come from someone who may pretend
to be a co-worker or from those who may have accessed the login details or password if they have
forgotten for the online data rooms.
Manipulating the genuine users:
Social engineering is a technique that exploits the genuine users by making them undermine their
security systems out of their desire. This, as a result, makes it difficult to control the confidential
information from getting access to the social engineers. Another technique is that, the caller
persuades the employee for running the software which could either install the malware or a virus
that provides immediate access to the network.
2. Doesn’t involve large investment for implementing:
One may think that the expensive security in the online data rooms would prove to be a major
challenge for the social engineers, but in fact it actually makes no difference. As the social
engineering practices involve manipulating the humans, there is just a little or no cost involved in
intriguing with the majority of the fancy security measures.
Thus, these were some of the main reasons for why the social engineering is considered as major
pitfall for any online data room provider company.