Secure Data Room Review

Secure Data Room Review

Virtual Data Rooms (VDRs) are a kind of online collaboration and storage platform for files that is specifically designed to share secure confidential business documents. They are typically used in M&A, IPOs, due diligence, real estate asset lifecycle management as well as capital raising projects that require safe storing, managing https://wedataroom.com/intralinks-review/ and sharing of important business files with third party external partners. The most effective VDRs come with an array of features that help reduce the risk of data that is sensitive being leaked to third party.

A secure VDR must be inaccessible to unauthorized users, and most offer features such as granular permissions, click trails, dynamic watermarking and many more to stop the accidental release of private information. However, they are susceptible to human error, and it is important to ensure that the correct training is provided for efficient and effective VDR use.

If your VDR has bank-grade security but is still susceptible to 71% of common attack vectors that are based on human error, then it’s not providing enough protection. The majority of users have screen-grabbing software on their PCs, such as Snag-it or Paint. These applications can take screenshots and reveal confidential information to anyone who isn’t authorized. Check if the VDR solution you are using has a strong security system that prevents users from sharing login credentials. There is no limit on the number of times a user logs to and out of your VDR, meaning that an individual user could access your files 30 times.