Security Data Rooms

Security Data Rooms are cloud solutions specifically built for the secure storing and sharing of confidential business information. They are utilized in M&A due diligence as well as in real estate asset lifecycle management, and any other industry where there is the need for secure, specialized file sharing.

It’s not surprising that businesses are concerned about the security of sensitive business information, especially in light of recent, high-profile data breaches. The encryption of data within a dataroom is crucial to stop hackers from accessing documents. But it’s only one element of the puzzle. To ensure that your data is safe, you need to take a holistic approach to security of your data room that includes policies, training and technical capabilities.

VDRs are also useful for keeping track of industry regulations, such as the Payment Card Industry Data Security Standard. PCI-DSS requires secure storage, robust access control measures as well as regular security tests. This certification shows your customers, colleagues and other users that data security is a priority for you.

Some VDR systems also allow access to the in-app content by limiting IP addresses that are eligible for VDR access. This can prevent unauthorized users using screen grabbers to record document contents and then share them with unauthorized third parties. VDRs with advanced access controls also enable admins to link the identity of a user who is authorized to viewed images and printed documents.

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