VDR Secure Data Exchange

VDR secure data transfer is a crucial technology tool for businesses that are involved in M&A deals, fundraising deals as well as asset management of real estate, and other situations where sensitive information need to be immediately shared with other parties. This can include service providers, potential investors, other internal employees and a myriad of others. In most cases, using a VDR is significantly faster and more convenient than sending files via email or other similar tools.

Some VDRs come with advanced features that decrease the chance of human error while sharing sensitive documents. Some of these features include the possibility of impersonating another user, as well as the “View As” function to verify permissions prior to inviting anyone else to view confidential documents. Some VDRs also employ dynamic watermarking techniques that cover confidential documents with labels index that are visible or invisible. This allows for easier tracking leaks in documents when they occur.

Lastly Certain VDRs make use of encryption for data in the process of being stored to ensure the integrity and security of information stored on their servers. This helps companies meet the strict requirements of GDPR for safeguarding personal data that is transferred across borders. Certain VDRs can also help companies comply by managing their relationship with third-party vendors, ensuring these vendors comply with the company’s policies and procedures on data security.

Certain VDRs can also be integrated with popular collaboration programs like Slack or Microsoft Teams, enabling remote working and collaborative projects in a secure environment. This improves communication and eliminates the requirement for physical document exchange, saving time and money.