Secure Data Room For Business

A secure data room is a cloud-based solution that enables secure sharing of confidential files and documents. They are utilized during the due diligence stage of an agreement. They offer a variety of options, including advanced permissions and Q&A tools, bookmarks and notes and multi-factor authentication. They are accessible anywhere around the globe using any device that is connected to the internet. This makes them especially useful for teams that work remotely, at home or at the office.

Secure data rooms make a big song and dance about how secure their system is by using terms such as’most secure virtual data room’ or ‘highly secure data room’ however the truth is that these data rooms are no more secure than tools like Dropbox or Google Drive that use encryption to secure data in the cloud and don’t ensure that temporary files will be deleted once they have served their purpose. It’s like the cereal bar company claiming its health benefits due to the fact that it has 0% fat and no mention of the fact that it also contains more than 80% sugar. For instance, a housing developer who claims a fire certification for their timber cladding even though the building is 12 feet away from the nearest river.

Firmex VDRs are trusted by more than 120,000 companies for their crucial processes in deals, audits http://www.vdrlabs.info/firmex-data-room-and-security and litigation and procurement projects, with billions of dollars at stake. Contact us today to find out more about our Virtual Data Rooms and how they can benefit your business.