The recent spate of data breaches have led many organizations to ask if their data is secure. With the right security features in a virtual data room, it is possible to shield confidential documents from being seen by an unauthorised person.
Traditionally, businesses would share confidential documents with a few people in physical rooms. Due diligence is now conducted online in virtual rooms that are based on secure cloud platforms. Virtual spaces are essential to the success of complex strategic transactions.
Whether your company is going through M&A or restructuring, bankruptcy, or capital raising, it’s vital to have the tools to efficiently and securely share your sensitive documents. The best virtual data rooms providers offer data security that is guaranteed with robust collaboration tools as well as remote access retrieval. They include Chinese wall intralinks via pro benefits and alternatives watermarking, automated indexing and automatic watermarking. Furthermore, the best virtual data rooms are able to ensure compliance with international regulations such as GDPR, CCPA, and SOX by using protocols for auditing and reporting tools.
To prevent confidential information from getting into the wrong hands Secure document viewing features such as fence views, view only modes, and access restriction are essential. In addition, you should make sure that your data room’s encryption technology protects your data in transit and at rest.
A secure online data room solution can also let you download PDF documents for offline viewing. This is a typical feature as some users prefer to print copies of their documents so they can read them while not connected to the Internet. If you allow this feature to be enabled in your VDR, any protection applied to the original PDF will be removed automatically.
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