Secure dataroom is a cloud-based system designed to store and share confidential business information. It is used for M&A due-diligence, IPOs and litigation, fundraising, and other https://getdataroom.com/who-uses-data-rooms/ document-related processes that are sensitive. It offers a greater level of security than file sharing websites. The server space is encrypted to prevent hackers from gaining access to the content. Many of them also have options like granular access to permissions and search functionality.
However, these tools do not prevent authorized users from taking copies of the files that they have legal access and then sharing those with others – something that can be very easy to do. The services also don’t provide a link to identify the source for unauthorized distribution.
This is why businesses seeking an improved method to share and store files should consider a virtual dataroom (VDR). VDRs provide a higher level of protection than email, Google Drive, and Dropbox. They accomplish this through advanced encryption, tracking tools and other security measures which make it difficult for users to copy and distribute protected documents. Dynamic watermarking adds unique identifiers like the email address of the recipient as well as IP address to each document to discourage unauthorized sharing. A secure data room, such as Digify can also monitor who is viewed documents as well as how often they are viewed and for how long.