Online data room and SSL
A virtual data room (VDR), for the purpose of protecting confidential documents in a secure environment, is superior to free file sharing services like Dropbox or Google Drive. These services are ideal for sharing documents on a daily basis however, they aren’t robust enough to handle chatabate.org/pokemon-go-walking-hack/ major business events like IPOs, M&A Due Diligence, tenders, and capital raising.
A VDR is a cloud solution that safely stores and shares confidential data with multiple users across the internet using a web browser interface. This makes it ideal for M&A, venture capital, fundraising and IP protection as in addition to management of projects and IP protection.
Many of the features offered by file-sharing apps can also be found in a VDR. These include two-factor authentication (2FA), Single Sign-On (SSO) and the ability to grant users granular access rights. However, VDRs have additional security measures, including IP restriction (blocking access for certain devices), continuous data backup and 99.9 percent uptime, which means that documents will always be accessible to review.
If you are a business that handles sensitive data regularly, the best option is to opt for an VDR that has an ISO 27001 certification, which covers the entire platform’s operational procedures, systems and infrastructure. In addition, a GDPR-compliant VDR meets European data protection standards as well as an ITAR-compliant VDR follows US regulations regarding military and defense-related documentation. A HIPAA compliant VDR conforms to national health care transaction and record-keeping regulations for electronic records. Healthcare organizations have the option of sharing confidential data with outside partners within a secure environment.