The Benefits of Using a Data Room for InfoSec Due Diligence
Traditionally, companies have relied on email to share InfoSec documents with potential buyers but this approach puts the information at risk of being exposed to compromised inboxes, phishing attacks and compromised inboxes. Data rooms are a better choice as they allow businesses to share securely and quickly documents without losing control over the information they share.
A virtual data room is a safe cloud-based solution that allows you to store, share, and access private documents with the highest levels of security. A VDR is a far superior security option than a personal file sharing tool or storage tool. It comes with advanced encryption, auditing capabilities, dynamic data watermarking and more.
In addition, a number of features are designed to aid in making the due diligence process more efficient and beneficial for all parties involved. A Q&A module, for example, can aid in creating an organized and structured environment that makes it easier to answer due diligence inquiries and responses. You can save time by making favorites, and by navigating to frequently used documents and folders.
A secure messaging tool is another important feature that lets users communicate with the data room. This means they don’t have to worry about having multiple applications open and increases the level of privacy protection. Furthermore, two-factor authentication could help keep information more secure by requiring additional factual information or codes to sign into the VDR. You can also look up the IP address, device and location of the user logging in, reducing the chance of misuse or leaks.