Companies can share documents within a virtual dataroom securely and efficiently. This is especially important for companies involved in financial transactions like mergers and acquisitions in which sensitive documentation must be reviewed by investor on the sell-side or by potential investors. Most of the time, these documents are highly confidential and should not be shared via email or other tools for sharing files, without a risk of data leakage or breach of compliance.

The ability to design custom watermarks and to limit access to specific domains ensures that confidential information isn’t released. It allows users to keep track of the activity of documents, and also see who viewed which documents and when. A virtual data room offers 24/7 support via various channels (phones or emails, as well as live chats) and lets users inquire about issues with assistance from a professional.

It is also important to mention that the security features offered by a VDR extend beyond standard compliances. They allow data to be secured both in storage and during transit and add dynamic watermarks on all documents printed or viewed. This means that even if the printed or downloaded versions of documents are leaked it is impossible for criminals to exploit the documents to gain access to your company’s confidential information.

If you’re thinking about implementing the concept of a virtual data space in your business, check out the website of the provider for thorough comparisons of their features and security measures. A reputable virtual data rooms provider should offer an opportunity for trial users to test out the software before you decide to invest.

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