17 Oct 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 of being exposed to compromised inboxes and phishing attacks. Data rooms provide a safer alternative for companies by allowing them to share documents quickly and securely documents to ensure due diligence, without losing control over their information.
A virtual data room is a safe cloud-based solution that lets you store and share private documents with the highest levels of protection. In contrast to personal file sharing or storage tools, the VDR offers far more security protections, such as advanced encryption and auditing capabilities, dynamic watermarking and more.
A number of features are also designed to aid in making due diligence more efficient and effective for everyone involved. For example, a Q&A module can help you create a more organized and structured environment that can facilitate due diligence questions and answers. It is also possible to save time by creating favorites and navigating to frequently viewed documents and folders.
Another important feature is an encrypted messaging tool that lets users talk to each other in the data room, thereby preventing users from having to switch between different applications, and enhancing privacy security. Two-factor authentication is a method of requiring additional information or codes to sign in to the VDR can also help to secure information. You can also look up the IP address, device and location of the user who is logging in, reducing the possibility of leaks or misuses.