Secure Data Room Review
Virtual Data Rooms (VDRs) are a form of online collaboration and storage platform designed for the safe sharing confidential business documents. They www.wedataroom.com/best-board-management-software-for-the-unbeatable-protection-of-business-data/ are usually utilized in M&A, IPOs, due diligence, real estate asset lifecycle management capital raising, and other projects that require the safe storing, managing and sharing of business-critical files with third-party external parties. The best VDRs include a set of features that limit the possibility of sensitive data being released to third party.
Secure VDR should be impenetrable to unauthorized users, and many offer features like specific permissions, click trails, dynamic watermarking and more to avoid the accidental disclosure of private information. However, they are vulnerable to human error and it is essential that the proper training is provided to ensure safe and efficient VDR use.
If your VDR is secured by a bank, but is still susceptible to 71% of common attack vectors that are based on human error, then it’s not providing much protection. For instance, the majority of people have a screen-grabbing application on their computers whether it’s Snag-it, Paint or the Windows Snipping Tool – these applications can take photographs of documents stored within your VDR and expose confidential information to unauthorised individuals. Check if the VDR solution you are using has a secure system to block users from sharing login credentials. Most do not limit how many times the same user can log in and out of your VDR, meaning that an individual user could access your documents 30 times.