What Is a Secure Data Room?

Virtual data rooms are locations where businesses can store and distribute privileged documents to a select group of third parties. This minimizes the risk of sensitive business data being divulged to unauthorised persons. Due diligence used to be performed in physical rooms. Nowadays, it’s done online in virtual data rooms.

The best VDRs provide security-first features that reduce the cost of data breaches and illegal sharing. These include granular controls over document access, multi-factor authentication, session timeouts, restrictions on location secure spreadsheet viewers watermarking, screenshot blocking and encryption. All of these capabilities work to create a robust digital fortress which protects the information stored in a VDR and is shared with customers.

When choosing a secure data storage space, it is important to make sure that the choice is really suited for the task and does not just allow authorized users to login and share files with other platforms. A lot of “secure” solutions claim to stop this, but what’s really happening is that they don’t they simply secure your files on the server before delivering them to your browser.

To do this it is based on the fact that your ideals browser comes with an SSL certificate, and that your browser is set to only accept certificates from a trusted source. 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.