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Companies frequently face data breaches when employees lose laptops and disks, but sharing and storing company documents on third-party cloud services carry their own risks, including phishing attacks.
WSJ: What's a Company's Biggest Security Risk? You.
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While there are plenty of third-party apps that can handle Office documents, release of the official apps is likely to be of great interest to those who work a lot with Word, Excel and PowerPoint documents when out and about.
FORBES: Office 2013 For iOS And Android Coming March 2013, Claims Microsoft Product Manager
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But if the Dallas paper legally obtained documents stolen by a third party, precedent suggests it is the thief and not the newspaper who would be subject to prosecution, even if the newspaper should have known that the information was stolen.
ECONOMIST: Trials and the press
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Third-party developers will be able to use Documents in the Cloud to add the same functionality to their own wares, and I hope that many of them will.
CNN: Review: Mac's Lion adventure continues
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Mike Edmondson, a spokesman for the state attorney in Palm Beach County, said it's often legal under Florida law for a doc to prescribe medication in a third party's name, if all parties are aware and the medic documents it correctly.
FORBES: Magazine Article
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The IT administrator can also provide ways, so the organization can share sensitive documents, without fear of it being copied or spread to a third party.
FORBES: 5 Questions Boards Should Ask About Data Privacy Risks
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For important business documents, is it prudent to outsource the responsibility of data backup and security to a third party?
FORBES: Is Your Data Safe In The Cloud?