[MRM]

Faxes are still used because they are the most secure form of communication available under reasonable commercial circumstances because it is point to point communications. There is no way anyone can get in the middle of a fax transmission the way that electronic communications can. It's even more secure than encrypted email because your email can be hacked without even accessing your C: drive, so a virus scan won't catch it. Any bank, brokerage, real estate company or law firm that transmits payment instructions should insist on doing it by fax with an in-person verification. There are so many money wire scams going on that no electronic communication should be trusted. Anything truly confidential should be transmitted by fax if a written copy is required.