Secure Data Room Review
Virtual Data Rooms, or VDRs, are a special type of online file storage and collaboration platform specifically designed to facilitate the safe sharing of confidential business documents. They are frequently used in M&As, IPOs and due diligence as also in real estate asset management, capital raising, and other projects requiring the secure storage, management and sharing of vital business files with external parties. The most effective VDRs come with an array of features that help reduce the risk of sensitive data being released to third parties.
Secure VDR must be completely inaccessible by unauthorised users, and should offer features like granular permissions and click trails to prevent accidental disclosure of private data. However, they are also vulnerable to human error and it is crucial that the proper instruction is given for efficient and efficient VDR use.
If your VDR has security that is bank-grade but is still vulnerable to 71% common attack vectors that are based on human error, then it’s not providing much protection. A majority of users have screen-grabbing programs on their computers like Snag-it or Paint. These applications can take screenshots and reveal confidential information to anyone who isn’t authorized. Therefore, it is imperative that you check if your VDR solution comes with a strong security feature that will prevent users from sharing login credentials. There he said is no limit on how many times a user can log into and out of the VDR and vice versa, which means that anyone could access your documents 30 times.
