What Is a Secure Data Room?

Virtual data rooms are locations that businesses can use to store and distribute privileged documents to selected third party. This helps reduce the risk of confidential business information being released to non-authorized individuals. Traditionally, due diligence was performed in physical rooms, but nowadays, it’s done online in what is known as virtual data rooms (VDRs).

The top VDR providers provide security-first features that significantly reduce the costs related to data breaches and the sharing of information that is not authorized. These include granular access control, multi-factor authentication and session timeouts. They also offer restricted locations, secure spreadsheet viewers, as well watermarking and screen-blocking. All of these features work together to visit the website create a strong digital fortress that safeguards the information stored in the VDR and is shared with customers.

When choosing a secure data room, it is essential to make sure that the solution is actually suited to the purpose and doesn’t simply enable authorized users to login and share your files on other platforms. Some „secure“ systems claim to stop this, but what’s really happening is that they aren’t – they simply decrypt your files on the server and then send them to your browser.

They depend on your browser to have an official certificate and being configured to only accept certificates from trusted sources. This doesn’t mean your VDR cannot be hacked. However it will ensure that hackers are only able to access your encrypted files, and not your temporary files.