Secure Online Data Rooms Solutions

Many companies are wondering whether their data is secure after the recent data breaches. With the appropriate virtual data room security features it is possible to secure confidential business documents the benefits of due diligence software in legal compliance and auditing from being viewed by anyone else.

Traditionally, companies shared confidential documents with selected parties in physical rooms. Due diligence is now conducted online, in virtual rooms that are based on secure cloud platforms. These virtual rooms are essential to the successful completion and execution of complex strategic transactions.

It’s crucial that you have the right tools in place to securely and efficiently share sensitive documents, regardless of whether your business is undergoing M&A or restructuring, bankruptcy or a capital raising. The most effective virtual data rooms are equipped with powerful collaboration tools remote access retrieval, as well as ironclad data security. These include Chinese wall, automatic indexing and watermarking. Furthermore, the best virtual data rooms are able to ensure compliance with international policies like GDPR, CCPA, and SOX with protocols reporting and auditing tools.

To protect confidential information from getting into the wrong hands, secure document viewing features like fence views, view only modes, and access restrictions are crucial. You must also make sure that the encryption software for your virtual data room software encrypts both data in transit and data in storage.

A secure and safe online data room service will also allow you to download PDF documents to view offline. This is a feature that most users use because they want to print out their documents to read them offline. If you enable this feature to be enabled in your VDR, any protection applied to the original PDF will be automatically removed.