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Why You Need a Secure Data Room

A secure data room is a solution designed specifically for the secure sharing and handling of confidential documents during deals and transactions. If you are required to share sensitive information, don’t use less-secure platforms such as email, Google Drive, or Dropbox.

When sharing SOC 2 docs, compliance certificates and other infoSec documents, you require an unbreakable security system. Emails are used for years to transfer files during M&A due-diligence and other transaction processes. However once the information is removed from your email, you no longer have control over where it is or who has access. The fact is, it’s difficult to adhere to regulations such as GDPR and CCPA by using email.

Even if 2FA is employed to stop unauthorized www.securedataroom.net/deal-flow-predictor-forecasts-how-to-use-and-improve-the-prognosis/ sharing however, a lot of systems don’t stop users from forwarding a link – they simply enter their login credentials to gain access to a file. This defeats the purpose behind having an encrypted dataroom in the first place.

A reliable VDR solution provides a complete security barrier against sharing without authorization and includes features like dynamic watermarking to identify documents once they leave the platform. This makes it easy to monitor unauthorized use and hold responsible parties for any accidental leaks or unauthorized sharing. It is also worth looking into a service that utilizes SOC2 (SSAE18) compatible servers that have a private cloud as well as advanced encryption techniques to protect your documents from hackers. Find out how to select the best solution for your business by scheduling an appointment with our team today.

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