Secure Data Room Review
Virtual Data Rooms, or VDRs are a particular kind of online file storage and collaboration platform designed specifically for the safe sharing of confidential business documents. They are commonly employed in M&A, IPOs, due diligence and real estate asset lifecycle management capital raising, and other projects that require safe storing, managing and sharing of files that are wedataroom.com/unveiling-the-advantages-of-horizontal-integration-in-ma critical to business with external third parties. The best VDRs are equipped with a set of features that reduce the risk of leaking sensitive information to third parties.
Secure VDR must be inaccessible to unauthorised users and provide features like granular access rights and click trails to prevent accidental disclosure of private information. They are susceptible to human error and require the correct training to ensure safe and efficient VDR use.
If your VDR is secured by a bank, but is still susceptible to 71% common attack vectors that involve human error, then it’s not offering much security. For instance, the majority of users use a screen-grabbing software on their PC, whether that be Snag-it, Paint or the Windows Snipping Tool – these applications can create screenshots of documents within your VDR and also reveal sensitive information to unauthorized individuals. It is essential to verify that your VDR solution has a robust security feature that stops users from sharing their login credentials. The majority of VDRs do not restrict how many times the same user logins into and out of the VDR and vice versa, which means that an individual user could access your documents 30 times.
