Secure Data Room For Business

A secure data room is a cloud-based solution that allows secure sharing of confidential documents and files. They are used to aid in the due diligence process in a deal and provide many features including advanced permissions, Q&A tool, bookmarks and notes including watermarking, multi-factor authentication and watermarking to limit access and ensure that only those who are authorized to see the information have access to it. They are accessible anywhere on the planet using any device connected to the internet. This is particularly beneficial for teams that work remotely, from their homes or offices.

Secure datarooms make a big fuss about how secure their systems are with terms like’most secure virtual room’ and ‘highly secure dataroom’. But in reality they’re not safer than programs like Dropbox or Google Drive which use encryption to secure the information at rest, but do not delete temporary files after they’ve fulfilled their purpose. It’s like a cereal bar maker claiming its health benefits due to the fact that it is a low fat product, but not mentioning that it also contains 80% sugar. For instance, a housing developer who claims to have a fire-proof certificate for their timber cladding even though the building is 12 feet away from the nearest river.

Firmex VDRs have been praised by more than 120,000 companies for their crucial processes in deals, audits and http://www.vdrlabs.info litigation, as well as procurement projects with billions of dollars at stake. Find out more about the ways our Virtual Data Rooms can assist your business by getting in touch today.