A secure data room is a virtual solution specially made for the secure sharing and administration of confidential documents in transactions and deals. If you have sensitive data to share, don’t depend on less secure platforms like email, Google Drive or Dropbox to manage www.securedataroom.net/6-best-youtube-channels-about-business/ it.

You require an system that provides unequaled security when sharing SOC 2 documents, compliance certificates and other infoSec files. Emails have been used for years to transfer files during M&A due-diligence and other transactions. However once the information is removed from your email, you don’t have control over where it is or who has access to it. And the fact is, it’s not always easy to adhere to regulations such as GDPR and CCPA by using email.

Even if you employ 2FA to block unauthorized sharing, the majority of systems don’t stop users from forwarding links – they can just enter their login credentials and gain access to the file. This is a detriment to the reason for having a secure data room in the first place.

A good VDR solution will offer an entire barrier to illegal sharing and will include features such as dynamic watermarking, which can identify documents when they leave the platform. This makes it easier to monitor misuse and hold accountable those who are responsible for accidental leaks or illegal sharing. It’s also worth considering an option that makes use of SOC2 (SSAE18) compatible servers with a private cloud as well as advanced encryption techniques to ensure your documents are secure from hackers. Find out how you can select the right solution for your company by scheduling a one-on-one sessions with our team today.