The Benefits of Using a Data Room for InfoSec Due Diligence

Traditionally companies have relied on email to share InfoSec documents with potential buyers. However, this method puts data at risk due to the fact that it is exposed to compromised email inboxes as well as phishing attacks. Data rooms are a better choice because they allow companies to share their information securely and swiftly documents without losing control of the information they share.

A virtual dataroom is a cloud-based, secure option that lets you to store, share and access private documents with the highest level of security. Contrary to personal file sharing or storage tools, the VDR offers far more security features, including advanced encryption and auditing capabilities, dynamic watermarking, and much more.

A number of features are also designed to help make due diligence more efficient and effective for everyone involved. A Q&A module, for instance, can assist in creating an organized and logical environment that helps with due diligence questions and responses. You can save time by creating favorites, and navigating to frequently used documents and folders.

Another feature that is important is a secure messaging tool that lets users communicate with one another in the data room, which saves them from having to bounce between different applications, and increasing the level of privacy security. Furthermore, two-factor authentication can assist in keeping data secure by requiring more factual information or codes to log in to the VDR. You can also check the IP address and the location of the device the user who logs in, reducing the chance of leaks or misuses.

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