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November 13th, 2024

Safeguard Your Contracts from Data Breaches: How MSB Docs Delivers Unmatched Security

 

Are Your Contracts Really Safe?

Here’s a shocking stat: Data breaches now cost businesses an average of $4.35 million per incident, with over 43% of attacks targeting small- to mid-sized companies. That means any data compromise—including your contracts—can result in major financial losses and severely damage your reputation. When contracts are compromised, the impact goes beyond financial costs, threatening the trust you’ve built with clients, partners, and stakeholders.

Recent breaches in highly trusted e-signature solutions, including DocuSign and Adobe Sign, have exposed sensitive data for businesses worldwide. If even the most established platforms can suffer breaches, is your current eSign solution truly as secure as you think?

In this blog, we’ll uncover why MSB Docs stands apart as an e-sign solution with an unblemished record in security. We’ll review recent industry security challenges and show how MSB Docs’ comprehensive security approach uniquely protects your contracts— whether they drive revenue or support essential operations. Don’t let data breaches put your business at risk. Read on to discover the unmatched security standards MSB Docs brings to e-signatures.

MSB Docs: An Unmatched Security Record You Can Trust

Zero Security Incidents Ever

While other big named eSignature providers have faced data compromises, MSB Docs has maintained an extraordinary record: zero breaches, zero compromises. MSB Docs was built from the ground up with security at the core, ensuring peace of mind across the entire document lifecycle. This means that unlike other providers, MSB Docs has never disappointed its customers on security.

Security breaches are not “if,” they’re “when”—unless you have a security-focused e-signature provider. MSB Docs takes a proactive approach with a robust infrastructure and stringent policy framework designed to safeguard sensitive data. Whether you’re managing high-stakes financial agreements or compliance documents, MSB Docs stands out as a security-first eSignature solution that truly protects your business.

Recent Breaches: Why Traditional Solutions Are Riskier Than You Think

When it comes to protecting sensitive contracts, the stakes couldn’t be higher. In 2020, DocuSign reported a phishing breach that impacted a significant number of users, exposing private data to unauthorized access. Similarly, Adobe Sign has faced security vulnerabilities that raised concerns among its users. These incidents highlight a critical reality: even the most popular eSignature platforms can be vulnerable.

The security risks for e-signature platforms are real and increasingly complex. With MSB Docs, however, our track record speaks for itself—there has not been a single security incident, breach, or compromise since our inception.

MSB Docs Never Disappoints: Unmatched Security, Zero Breaches

Here’s How MSB Docs Protects Your Contracts:

  1. Multi-Layer Encryption at Every Stage
    From uploading to storing and transferring documents, MSB Docs uses advanced encryption at every stage. This ensures that even if data is intercepted, it remains unreadable without the encryption key, keeping your sensitive information secure.
  2. Real-Time Document Tracking
    Track document activity in real-time, so you always know who accessed your documents, when, and from where. This full visibility keeps your data under your control, minimizing security risks.
  3. Role-Based Access Control and Permissions
    With role-based access control, you can restrict document access based on user roles, ensuring that only authorized team members can access and edit specific contracts. This minimizes unauthorized access risks and secures your data.
  4. GDPR and ISO 27001 Compliance
    MSB Docs meets stringent international data protection standards, such as GDPR and ISO 27001. This compliance provides the peace of mind that your documents are handled with the highest levels of security and data protection.
  5. Multi-Factor Authentication for Extra Security
    By adding an extra layer of authentication, MSB Docs makes unauthorized access nearly impossible. This extra step ensures that even the most sensitive agreements remain safeguarded.
  6. Instant Alerts for Suspicious Activity
    Receive immediate alerts for unusual document activity, empowering you to react in real-time to mitigate potential breaches or unauthorized access before they escalate.

Why This Matters for Every Contract Type—Revenue and Non-Revenue

Contracts are the foundation of your business. While revenue contracts are essential for generating income, non-revenue contracts are equally crucial. These include regulatory, HR, compliance, and operational agreements that, while not directly revenue-generating, form a vital foundation for organizational stability.

  • Protecting Revenue Contracts
    Client and partner agreements contain confidential terms and sensitive financial information. A breach could lead to lost revenue, strained partnerships, and irreparable trust issues. MSB Docs ensures that your revenue contracts are secured to the highest standards, protecting your essential revenue streams and reputation.
  • Securing Non-Revenue Contracts
    Non-revenue contracts might not directly impact profits, but they often contain compliance requirements, employee information, or regulatory data. A breach here can lead to costly repercussions such as fines, legal issues, or reputational damage. MSB Docs provides affordable protection for these vital contracts, helping you maintain compliance and operational security without excessive costs.
  • The Real Costs of a Data Breach
    The financial toll of a data breach extends far beyond the initial incident. According to recent studies, the cost per compromised record is approximately $150. Multiply that by the number of affected documents, and costs quickly escalate. Additionally, recovery expenses, client compensation, and regulatory fines contribute to a hefty financial burden that can be devastating for any business.

By prioritizing security with MSB Docs, you’re proactively safeguarding your data and shielding your budget from unforeseen security expenses. This commitment to security helps you protect both your information and your bottom line, ensuring that your business remains resilient in an increasingly complex digital landscape.

The Ultimate Cost-Saver: MSB Docs’ Security-First Approach

With MSB Docs, you don’t need to choose between affordability and security. Unlike other platforms that come with high costs and often unexpected security incidents, MSB Docs provides a cost-effective, high-security solution that fits seamlessly into your existing budget and infrastructure.

  • No Compromises on Security: MSB Docs combines competitive pricing with top-tier security measures, ensuring that affordability never comes at the expense of safety.
  • Predictable, Transparent Pricing:Unlike other platforms with unexpected costs, MSB Docs offers clear pricing plans, allowing you to manage your document budget with confidence.
  • Efficient, User-Centric Interface:Security doesn’t have to mean complexity; MSB Docs is designed to be intuitive and easy to use, making secure document management straightforward.

Conclusion: Prioritize Security and Save with MSB Docs

In today’s business environment, overlooking security is not an option, especially when it comes to handling contracts that define the lifeblood of your business. Choosing an eSignature platform with a flawless security record can make all the difference, and MSB Docs has proven itself as a trustworthy choice.

When you’re ready to switch to a solution that’s both cost-effective and security-focused, MSB Docs has you covered—whether you’re managing revenue contracts or critical non-revenue agreements. Don’t wait for a breach to make the switch. Try MSB Docs and experience security you can trust.

Ready to experience peace of mind? Schedule a demo with MSB Docs today and see how easy, secure, and affordable contract management can be.