Security Data Rooms

Security Data Rooms (SDRs) are cloud-based services that allow the secure storage and sharing confidential information. They are utilized in M&A due diligence and real estate asset lifecycle management as well as any other business where there is a need for specialized secure file sharing.

With so many significant data breaches being reported being reported, it’s no surprise that businesses are concerned about how their sensitive business data is protected to protect them from cyberattacks. Encrypting data-at-rest within a virtual dataroom is vital to prevent hackers from accessing documents. However, it’s just one piece of the puzzle. You must take an overall approach to data room security that includes policies, technical capabilities, and training.

VDRs are also beneficial for keeping track of industry regulations, such as the Payment Card Industry Data Security Standard. PCI-DSS demands secure storage, strong control over access encrypted transmissions, as well as regular security tests. This ability shows your clients as well as your partners and other users that data security is a priority for you.

Certain VDR systems also allow to restrict user access to in-app content by limiting the IP addresses that can be granted VDR access. This may help in preventing unauthorized users from using screen-grabbing tools to capture document content and then share it with unauthorized parties. VDRs that have advanced access controls also allow administrators to connect an authorized user’s identity to viewed images and printed documents.