VDR Secure Data Exchange
VDR secure data transfer is an essential technology tool for companies who are involved in M&A deals or fundraising and asset management for real estate, as well as other scenarios where sensitive documents need to be immediately shared with outside parties. This can include service provider prospective investors and internal employees. In most cases, utilizing VDR VDR is significantly faster and easier than sending files via email or other similar tools.
Some VDRs come with advanced features that decrease the risk of human error in sharing sensitive documents. Some of these features include the ability to impersonate another user, and the “View As” function to confirm permissions prior inviting an individual to view confidential documents. Some VDRs employ dynamic watermarking techniques to overlay confidential documents with labels that are visible or invisible. This allows you to track down any leaks of documents.
In addition, some VDRs make use of encryption at rest for data to protect the integrity of information stored on their servers. This can help companies meet the strict safeguarding requirements of GDPR that apply to personal data transferred across border. Likewise, some VDRs can facilitate compliance by helping companies manage their third-party vendor relationships by ensuring that these vendors are in compliance with the company’s data protection policies and procedures.
Some VDRs also integrate with popular collaboration tools like Slack or Microsoft Teams, enabling remote collaboration and work in a safe and secure environment. This helps streamline communication and eliminates the requirement for physical document exchanges, saving time and money.
