Security Data Rooms
Due diligence in financial transactions and business processes requires the sharing http://dataroomdesign.com/is-dropbox-secure-enough-for-enterprise-business/ of massive amounts of confidential information with third parties. If it’s intellectual property financial records, litigation files or customer information, these sensitive documents must be protected and shared with security to ensure that no leakage occurs and maintain compliancy. A virtual data room lets you share and manage sensitive information, while making sure only authorized users can access it.
The use of a secure data space will show that your company values privacy and data security. In addition to enhancing communication and streamlining the process and operations, it proves that you’ve taken the necessary steps to secure your confidential data from hackers, ransomware attacks and other cyber threats. This can ease concerns and boost a company’s image as a trustworthy service provider or partner.
The most secure data room employs multiple layers of security to protect sensitive data. This includes specific document and user access controls that allow for view only, print, download, and full editing permissions. This includes data redundancy, backups, and other measures that ensure data integrity in the case of a system malfunction or natural disaster, or any other catastrophic event.
The only question you should ask any ‘secure’ data room is – can their system stop authorized users from sharing documents? If not, then their system does not actually protect your documents at all. Even if your documents are protected with two-factor authentication (two-factor authentication), non-authorized users still have access to the login link as well as the documents.
The key to secure access is leveraging encryption technology that creates an online fortress around your data. This is the basis of a good data space.