From CFO to Cybersecurity: HaystackID Highlighted in Recent Industry News

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Editor’s Note: As a leading eDiscovery services firm with a strong focus on cyber discovery, information governance, and legal discovery, HaystackID is regularly highlighted by industry experts and publications for its innovative approach to solving business and technology challenges for corporations law firms, and governmental departments. Three recent articles highlighting HaystackID’s business and technical acumen are provided below as they may be beneficial for business, information technology, and legal professionals operating in the eDiscovery ecosystem.


How HaystackID’s new CFO is Prepping for Growth

By Maura Webber Sadovi as Published by CFO Dive

Article Extract

A veteran of private-equity backed software and services companies, eDiscovery firm’s HaystackID’s new CFO Dave Murray believes it’s never too early for companies to prepare for growth — even if the next capital event isn’t imminent.

The temptation from a finance standpoint is to get caught up in putting together perfect spreadsheets when what companies need to build toward is the future growth while keeping cost-constraints in mind, he said. It’s like a family “making sure the table can open up and you can put a leaf in it if you think you’re going to have a bigger family,” Murray told CFO Dive. “You have to think about where you’re headed toward and not necessarily where you’re going to be in the next two weeks.”

Read the Complete Article in CFO Dive

Embracing New Technology Can Require a Mental Hurdle for CFOs

As Published by PYMNTS.com

Article Extract

Considering what HaystackID does, it’s not a surprise that [Dave] Murray is keen on technology. The company provides data-mining services for law firms and big organizations that are facing complex, data-intensive investigations and litigation.

In an employee discrimination suit, for instance, HaystackID’s technology can mine company records of communications with its employees to pull out useful information.

“We help parse that pile of electronic records down to a manageable set using artificial intelligence, so you can start to assess what your risk might be,” Murray explained. “We’re able to do this fast and accurately, we’re really good at doing that.”

HaystackID is also really good at cyberattack investigations. Its other main service is “cyber discovery,” or more specifically, helping companies to ensure that all of their digital records and data is as secure as it can be.

Read the Complete Article on PYMNTS.com

Legal Tech’s Predictions for Cybersecurity in 2022

By Zach Warren as Published by Legaltech News

Article Extract

It’s still a dangerous cyber world as we enter 2022, but one that today’s attorneys and legal technologists are prepared to tackle. Here’s what they predict for cybersecurity in the new year.

Anya Korolyov​, vice president, cyber discovery services and custom solutions, HaystackID: “In 2021, cyber breaches have become front-page news with some of the largest brands in the world being targeted. Phishing attacks will become stronger and evolve, turning the focus to AI models, and ransomware’s impact will be felt even more than in 2021. Employees and customers are more in the know and frightened, and they want businesses to raise their security game. I predict that 2022 will be the year in which security comes back into focus as the top priority for organizations and the need for cyber breach discovery will increase as well as the need to evolve to accommodate the sophisticated technologies.”

Read the Complete Article in Legaltech News

About HaystackID®

HaystackID is a specialized eDiscovery services firm that helps corporations and law firms securely find, understand, and learn from data when facing complex, data-intensive investigations and litigation. HaystackID mobilizes industry-leading cyber discovery services, enterprise solutions, and legal discovery offerings to serve more than 500 of the world’s leading corporations and law firms in North America and Europe. Serving nearly half of the Fortune 100, HaystackID is an alternative cyber and legal services provider that combines expertise and technical excellence with a culture of white-glove customer service. In addition to consistently being ranked by Chambers USA, the company was recently named a worldwide leader in eDiscovery services by IDC MarketScape and a representative vendor in the 2021 Gartner Market Guide for E-Discovery Solutions. Further, HaystackID has achieved SOC 2 Type II attestation in the five trust service areas of security, availability, processing integrity, confidentiality, and privacy. For more information about its suite of services, including programs and solutions for unique legal enterprise needs, go to HaystackID.com.

Source: HaystackID