Secure Data Room Review

Virtual Data Rooms, or VDRs are a particular kind of online file storage and collaboration platform specifically designed to facilitate the safe sharing of confidential business documents. They are typically https://wedataroom.com/intralinks-review/ used in M&As, IPOs and due diligence, as in real estate asset management, capital raising, and other projects requiring the secure storage, management, and sharing of important business files with other third parties. The most effective VDR providers come with a variety of features that lower the risk of sensitive information being leaked to unwelcome third parties.

A secure VDR should be impenetrable to unauthorised users, and the majority of them offer features like the ability to grant granular permissions, click trails, dynamic watermarking, and more to prevent the accidental divulging of private information. However, they are also susceptible to human error and it is vital that the right training is provided for efficient and efficient VDR use.

If your VDR is secured with bank-grade security, but is still susceptible to 71% of the common attacks that involve human error, it won’t really provide much security in the least. For instance, the majority of people have a screen-grabbing application on their PC such as Snag-it, Paint or the Windows Snipping Tool – these applications can take screenshots of documents in your VDR and expose confidential information to unauthorised individuals. Verify that the VDR solution you are using has a robust security system to prevent users from sharing login credentials. There is no limit on how many times a user can log to and out of your VDR which means that an individual user could access your documents 30 times.