Security Data Rooms (SDRs) are cloud-based solutions that permit the secure storage and sharing of confidential data. They are utilized in M&A, due diligence, real estate asset lifecycle management as well as any other industry where there is a need for specialized secure file sharing.
It’s not a surprise that businesses are concerned with the security of their sensitive business information, especially considering recent high-profile data breaches. Encrypting data at rest within a virtual dataroom is essential to prevent hackers from gaining access to documents. But it’s only one aspect of the equation. To ensure that your data is secure you should take a more holistic approach to data room security that includes training, policies and technical capabilities.
The use of VDRs VDR can also help in complying with regulations in the industry, for example the Payment Card Industry Data Security Standard (PCI-DSS). PCI-DSS requires secure storage, robust access controls encryption of transmissions, and regular security testing. This certification shows your customers, associates and other users that data security is a priority for you.
Certain VDR systems can also limit access to in-app contents by restricting IP addresses that qualify for VDR access. This could help prevent unauthorised users from using screen-grabbing tools to take document content resource and then share it with non-authorized users. VDRs that have advanced access controls can also allow admins to link the identity of a user who is authorized to viewed images and printed documents.