Data security is the protection of digital data, such as those in a automation tools for your own technology due diligence database from harmful forces, and unwanted actions by unauthorized users. Examples include cyberattacks or data breach. It also entails preventing unauthorised access to data through the use of robust data-security procedures and tools.
VDRs are the most secure method of sharing documents as well as working on projects. They offer granular control over access to limit the capacity of users to download copies, print and download documents. Access can be restricted if a certain period of time has been passed. A majority of VDRs offer features that can scan for malware and then encrypt the content of documents. This makes it difficult for unauthorised users to access stolen data even the fact that they have access the VDR’s file system.
Many VDRs offer e-Signature natively within the platform, allowing parties to negotiate and sign documents without the need to use email or an external eSign provider that poses additional security dangers. Many contracts, such as NDAs and supplier agreements, require signatures. A simple VDR with eSignature features can cut out additional steps and help reduce time.
These secure platforms aren’t just useful for due diligence and M&A, but can be used for virtually any project that requires sharing sensitive information. Invest in an VDR that is simple to install, user-friendly and comes with all the features your business needs to get deals completed quickly. CapLinked is a top VDR in the industry that offers high-end security features and document collaboration with a price that is competitive. Get a no-cost demo to see what CapLinked can offer you.
