A secure virtual data room is a virtual area where a certain number of users have access to documents. This allows for greater collaboration and effectiveness than physical meetings, but with an extra security layer from unwanted third-party. Typically the most valuable data is secured with security features that prevent unauthorised access like granular permissions, dynamic watermarking and comprehensive tracking.
Find look for a VDR which uses two-factor authentication. It will require additional details (like passwords) to confirm the identity of the user. The administrator of a data room may also keep track of IP addresses, device types, and locations https://creativetrance.com/data-sharing-insights-for-success-in-buy-side-vs-sell-side-ma/ for each user. Administrators can track all activity and revoke permissions at any moment.
Consider a platform that offers multiple layers of security, including envelope encryption of 256 bits, server separation and AES-256 backup data. Verify that a VDR’s information center is one of the top that has multiple layers of redundancy, high availability, and multiple layers of encryption.
Check that your cloud storage provider has multiple security certifications. The best online data rooms are certified by ISO, SOC 1, SOC 2 and FedRAMP.
Digify’s virtual data rooms are secured with AES-256 envelope encrypted security and our AWS hosting infrastructure is backed up by redundant power systems, network connectivity and cooling systems, routers, and cabling. In addition, we prioritize document security with features like dynamic watermarking that can identify each file’s recipient and enhances the traceability.