Many companies are now pondering whether their data is secure following the recent data breaches. With the appropriate features of a secure virtual dataroom you can protect sensitive documents from unauthorized access.
In the past, businesses would share sensitive documents in physical rooms with selected individuals. Nowadays due diligence is conducted online in virtual rooms based on secure cloud platforms. Virtual rooms are vital to the successful completion and execution of complex strategic transactions.
Whether your company is going through M&A or restructuring, bankruptcy or capital raising, it’s vital that you have the right tools to effectively and securely share sensitive documents. The best virtual data rooms providers provide ironclad data protection with powerful collaboration tools and remote access retrieval. They include Chinese wall watermarking, automatic indexing and watermarking. The best virtual data rooms ensure the compliance with international standards such as GDPR, CCPA and SOX through protocol reporting and auditing.
Secure document viewing options like fence views, view-only modes and access restrictions are crucial to ensure that confidential information is kept out of the wrong hands. Furthermore, you should be sure that your virtual data room encryption technology is secure both while it is in transit as well as at rest.
A reliable and secure online data room solution will also allow you to download PDF files for offline viewing. This is a standard feature as some users prefer to print copies of their documents so that they can read them without being connected to the Internet. If you enable this feature to be enabled in your VDR the protection applied to the original PDF will be automatically removed.
cybersecurity: the foundation of modern business
