What Is a Secure Data Room?
www.joindataroom.com/how-do-i-choose-the-right-vdr-provider-for-me/
Virtual data rooms are locations that businesses can use to store and distribute confidential documents to a selected group of third party. This minimizes the risk of confidential business information being leaked to unauthorised individuals. Traditionally, due diligence happened in physical rooms, but nowadays, it is conducted online in what is known as virtual data rooms (VDRs).
The best VDRs offer security-first features to reduce the costs of data breaches and unauthorized sharing. These include granular access control and multi-factor authentication as well as session timeouts. They also offer the ability to restrict location, secure spreadsheet viewers as well watermarking and screenshot blocking. All of these features combine to create a robust digital fortress which protects the information stored in a VDR and is shared with customers.
When selecting a secure storage facility it is crucial to make sure that the system is suitable for purpose. It should not only allow authorized users to log in and upload files to external platforms. Some “secure” systems claim that they can block this. In reality they only decrypt files on the server, and then transmit them to the browser.
They depend on your browser being equipped with an official certificate and being configured to only accept certificates from reliable sources. This doesn’t mean that your VDR is safe from hacking, but it does guarantee that hackers are only able to gain access to your encrypted data and not your unencrypted temporary files.