VDR and Data Security

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Data security refers to the protection of digital data, such as those stored in a database from the destructive forces and unwanted actions of unauthorized users like a cyberattack or a data breach. It also includes preventing unauthorised access to data by implementing robust data security practices and technology.

VDRs are a secure method of sharing documents and collaborate on projects. They provide granular access control to limit the access to download, print and copy documents, and they can be removed after an amount of time has expired. In addition, the majority of VDRs have features to scan for malware and secure document contents. This makes it difficult for non-authorized users to read data stolen, even if they have access to the VDR’s file system.

Many VDRs have e-Signature built-in and allow users to sign and negotiate documents without the need to use email or a third-party eSign provider. This decreases security risks. Contracts such as NDAs, supplier contracts and merger agreements typically require signatures, and a straightforward VDR equipped with the right eSignature features can cut down on time and reduce the number of steps that could create security vulnerabilities.

These secure platforms are not just useful for due diligence and M&A but they can also be used for virtually every project that requires sharing sensitive information. Invest in a VDR that is easy to use, user-friendly, and comes with all the features you need for your business to complete deals quickly. CapLinked is a leading VDR in the industry that offers advanced security and document collaborative features at a cost-effective price. Request a demonstration to experience CapLinked in action.