Text messages are too hot to handle for many financial companies, according to the "Electronic Communications Compliance Survey Report" by communication archiving provider Smarsh.
Indeed, 77 percent of the 300 information technology and compliance leaders and practitioners in North America that Smarsh contacted for the survey said text messaging was their greatest compliance risk.
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Victoria Hudgins
I am a reporter for Legaltech News where I cover data privacy, cybersecurity and technology's impact on the business and practice of law.
