Secure Your Confidential Files With Dedicated Data Room Services
Cloud storage apps and free file sharing services are excellent for sharing files, however they don’t have the security and access rights needed for sensitive data exchanges like M&A due-diligence and capital raising. These tools lack the professionalism to impress LPs and investors, and they aren’t able to provide the flexibility that dedicated data rooms can offer.
While the cost of premium virtual data rooms may appear high but the investment is well worth it to ensure your private files are secure throughout every transaction. SMEs can benefit from the cost-saving benefits of a virtual data room while big corporations rely on the highest-quality features for their M&A due diligence and capital raising activities.
Choose the VDR that comes with comprehensive security features to ensure that your data will be protected from cyberthreats or physical theft after the project has been completed. For instance data rooms with fence view capabilities allow administrators to remotely erase and lock data from stolen or lost devices. Physical data centers are also protected by surveillance 24/7 and access policies.
Many VDR vendors also offer advanced customer support that can answer questions and assist users in setting up the solution. Support via email is the most popular however some also provide concierge services too. Many vendors allow you to modify your user interface Terms and Conditions, and other visual elements to match them with your brand. This will make it easier for everyone to understand the protocol and follow it throughout the transfer of data.