A secure dataroom (also known as a virtual space) is software that allows you to share sensitive information with other parties. It provides an organized, secure and controlled way for businesses to share documents with multiple parties – with document tracking as well as version control, among other advanced features. In the past, companies have used spreadsheets and emails to share due diligence documents. However these methods aren’t safe and could cause many liabilities if they are accessed by the wrong individuals.
“Secure data rooms” tend to boast about the security of their server is by claiming they use encryption on the hosting server. This is great, but it doesn’t stop hackers from hacking into the server. A majority of browsers come with tools for capturing high-quality images of webpages and there is nothing that secure data rooms can do to prevent these from occurring.
Some’secure data rooms,’ claim that their system prevents sharing by requiring users login with 2FA. However it’s just an extra layer of security which doesn’t address the fact that authorised users are still allowed to copy and paste links to others or forward their https://tblogng.com/what-can-be-expected-from-data-room-software-with-secure-data-room/ own emails that contain links. This is why an DRM based secure file sharing solution is a better choice for businesses, as it locks the files onto specific locations and devices, ensuring that they are not shared or transferred and then automatically terminates access after a certain period of time if needed.