A secure data room for business is a cloud-based solution specifically designed for secure sharing of confidential documents and files used in business. They are used to aid in the due diligence process of a deal and provide a wide range of features including advanced permissions, Q&A tool bookmarks and notes including watermarking, multi-factor authentication and watermarking to restrict access and ensure vdrlabs.info/ that only authorized individuals to access the information are able to do so. They can be accessed anywhere around the globe from any device connected to the internet making them particularly useful for teams who work remotely from home, at work or on the move.
Secure datarooms can make a big show about the security of their systems using phrases such as ‘the most secure virtual room’ and ‘highly secure dataroom’. But in reality they’re not more secure than tools like Dropbox or Google Drive which use encryption to safeguard data at rest, but don’t delete temporary files once they’ve served their purpose. It’s like a manufacturer of food insisting on the health benefits of their cereal bar is due to the fact that it contains 0% fat while ignoring that it also contains 80% sugar or a housing developer claiming a fire certificate for their timber cladding when the building is in fact 12 feet from the closest river.
Firmex VDRs are simple to use, inexpensive and backed by 24/7 support and are trusted by over 120,000 businesses to manage mission-critical processes during deals or audits, litigation or procurement projects that have billions at stake. Contact us today to learn more about our Virtual Data Rooms and how they can help your business.