Online Data Room and SSL
Online data room and SSL
A virtual data room (VDR) is a great option when it comes to protecting confidential documents in a safe environment is better than free file sharing services like Dropbox or Google Drive. These services are fine for everyday document sharing, but are not robust enough to handle large-scale business events such as IPOs, M&A due diligence, tenders and capital raising.
A VDR is an online solution that securely stores, manages, and shares confidential information with multiple users through the internet via an interface that is based on a browser. This makes it ideal for M&A, venture capital, fundraising and IP protection as well as managing projects and IP protection.
Many of the features offered by file-sharing companies are also available on VDRs, such as two-factor authentication (2FA), SSO and granular user permissions. VDRs offer additional security features such as IP restriction that blocks access to specific devices, continuous data backups and 99.9% uptime.
For businesses that deal with sensitive information regularly the best choice is to select a VDR with an ISO 27001 certification, which covers the entire platform’s operational procedures systems, infrastructure and processes. In addition, a GDPR compliant VDR is compliant with European data protection standards and an ITAR-compliant one follows US guidelines for military and defense-related documents. In addition, an HIPAA compliant VDR is in compliance with national healthcare records keeping and transaction standards for electronic health records. This permits healthcare organizations to provide confidential patient data to external partners in a secure environment.
admin administrator
About the Author