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A secure dataroom can be described as a virtual solution that’s designed for the safe sharing and management sensitive documents during transactions https://securedataroom.net/6-best-youtube-channels-about-business/ and deals. If you have sensitive information to share, don’t rely on less secure platforms like email, Google Drive or Dropbox to manage it.

You require a system that offers unequaled security when sharing SOC 2 documents, compliance certificates as well as other infoSec files. Historically, M&A due diligence and other transactions have relied on emails to transfer files, however once the information is removed from your inbox, you’re no longer in complete control over its location as well as who has access. The fact is, it’s not always easy to meet the requirements of regulations like GDPR and CCPA by using email.

Even if you use 2FA to prevent unauthorised sharing, most systems do not stop users from forwarding hyperlinks – they just enter their login credentials again and gain access to the file. This is a detriment to the purpose of having secured datarooms in the first place.

A good VDR solution will provide an absolute barrier to unauthorised sharing and will include features like dynamic watermarking, which identifies documents that leave the platform. This makes it easier to track the use of the platform that is not authorized and hold accountable those who are negligent for accidental leaks or illegal sharing. It is also worth looking into a service that utilizes SOC2 (SSAE18) compliant servers as well as a private cloud, and advanced encryption techniques to safeguard your data from hackers. Find out how to select the right solution for your company by scheduling a one-on-one sessions with our team today.