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Secure Data Room Review

Secure Data Room Review

Virtual Data Rooms, or VDRs are a specific type of online collaboration and file storage platform specifically designed to facilitate the safe sharing of confidential business documents. They are typically used in M&A, IPOs, due diligence, real estate asset lifecycle management, capital raising and other projects that require the secure storing, managing and sharing of business-critical files with external third parties. The best VDRs include several features that reduce the risk of data that is sensitive being leaked to third parties.

Secure VDR should be citrix data room review impenetrable by unauthorised users, and should offer features like granular permissions 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 with bank-grade security, but is still vulnerable to 71% of common attacks that involve human error, it doesn’t offer much security at all. The majority of users have screen-grabbing software on their computer, such as Snag-it or Paint. These applications can take screenshots, and also reveal confidential information to unauthorized individuals. Find out if the VDR solution you are using has a secure system to block users from sharing login credentials. Most do not limit the number of times a user logs to and out of your VDR, meaning that an individual user could access your documents 30 times.

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