A secure dataroom is a cloud-based solution that’s designed to store and share confidential business data. It is used for M&A due-diligence, IPOs and litigation, fundraising www.getdataroom.com/5-tips-on-choosing-a-data-room-provider/ and other sensitive document processing. It offers a greater level of security than file sharing online. The server space is encrypted to prevent hackers from accessing content. Many of them also have features like granular permissions as well as search functionality.
These options do not hinder authorized users from making copies of the files they have access to and sharing them with others. This is done very easily. The services also don’t provide a link to identify the source of unauthorized distribution.
This is the reason why companies seeking a more sophisticated way to share and store files should consider a virtual storage room (VDR). VDRs provide a greater level of security than email, Google Drive, and Dropbox. They accomplish this through advanced encryption, tracking features and other security features that make it impossible for users to copy and distribute protected documents. This includes dynamic watermarking, which adds unique identifiers to each file, such as the email address of the recipient as well as IP address to discourage sharing that is not authorized. In addition, a reliable data storage facility such as Digify can automatically track which documents are being viewed by whom, at what frequency and for how long.