Secure Data Room For Business
A secure data room is cloud-based software that allows for the safe sharing of confidential documents and files. They are used for the due diligence process in the negotiation process and offer an array of features, such as advanced permissions Q&A tool notes and bookmarks as well as multi-factor authentication to manage access and make sure that only authorized users see the information have access to the data. They can be accessed anyplace in the world from any device connected to the internet and are especially useful for teams who work remotely at work, from home or on the go.
Some “secure data rooms” make a big song and dance about the security of their system using phrases like ‘the most secure virtual data room’ or “highly secure data rooms’ but the reality is that these systems are not as secure as tools like Dropbox or Google Drive that use encryption to secure data in transit and don’t ensure that temporary files are deleted once they’ve fulfilled their purpose. It’s like the cereal bar company claiming its health benefits due to the fact that it’s low in fat and no mention that it also contains 80% sugar. For instance, a housing developer who claims to have a certification for fire for their timber cladding even when the building is just 12 feet away from the nearest river.
Firmex VDRs are easy to use, inexpensive and backed by 24×7 support and have been relying on by more than 120,000 companies to run crucial processes during deals, audits, litigation and procurement projects with billions at stake. Contact us today to find out more about our Virtual Data Rooms and how they could benefit your business.
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