If you are responsible for managing an important legal case or a sensitive business transaction, then you will need to ensure that your data does not fall into the improper hands. A virtual data room is essential.
A VDR offers enhanced security and control over files by enabling users to browse documents in a secure environment. This makes them ideal for M&A deals as well as other highly sensitive business ventures. The top VDRs also have features http://www.allvpnusa.com/using-avast-virus-chest-correctly/ that will help you protect your data even if a file has been downloaded by an unauthorised user. They include fence view and view only mode that prevents users from printing or saving files as well as taking pictures. A good VDR provides an audit trail that tracks the activities of documents. This includes who viewed what from where and at what time.
A VDR that is efficient will allow you to define the access rights in granularity. This allows you to limit printing, viewing and secure PDF downloads according to a user’s job or project. You can also set dates for the expiration of documents and messages. It can also index docs and directories by their contents and will automatically notify you to any new activity in the data room.
A reliable VDR also has the ability to ask questions that allow you to discuss concerns about the record in real-time with other users. This is particularly valuable during due diligence as it enables a faster and more productive collaboration between buyers and sellers. It can also help to avoid embarrassing miscommunications or misunderstandings.