Secure Data Rooms can be used by companies to securely share confidential documents with third parties during transactions. These documents include private information, IP and copyrighted works that cannot be duplicated or distributed without the consent of the company. This type of information is beneficial to your business, especially in today’s highly competitive business environment. Speed should not be sacrificed in order to protect. Utilizing the right tools to share files securely can make all the difference as you negotiate deals with investors, partners or potential M&A targets.
It’s important to note that not all data rooms are created equal. While the majority of them use combination of security features to ensure that only authorized users are able to view certain documents, you must be aware that not all of them have the same security level. This is particularly true when it comes time for users to print or view documents offline.
We’ve observed that the majority of secure data storage facilities that provide this feature rely on password protection to ensure that only a specific user is able to access the document. This isn’t a high enough level of security since it doesn’t take into account the possibility of a user sharing their login credentials with other users or allowing someone else to access the data. In addition, many of the systems that permit document downloads for offline viewing – especially PDFs – don’t have any security measures at all, or provide weak security (such as watermarks). Digify’s digital data room does not rely on passwords or other weak authentication mechanisms to confirm that only authorized users are able to view and print documents from the platform. Our system utilizes advanced data security such as encryption security, multi-factor authentication, threat detection and real-time monitoring to stop https://mark-solutions.com/securing-business-deals-how-virtual-data-rooms-make-a-difference/ unauthorized access.
