Secure Data Room For Business

A secure data room for businesses is a cloud service important source specifically designed to secure sharing of confidential documents and files in the business. They are used in the due diligence phase of the course of a deal. They offer an array of features, such as advanced permissions Q&A tool notes and bookmarks as well as multi-factor authentication to control access and ensure that only those authorized to access the data do so. They can be accessed anywhere in the world using any device that is connected to the internet. This makes them particularly useful for teams who work remotely, from home or at work.

Secure data rooms can make a big song and dance about the security of their system with phrases such as’most secure virtual data room’ or a highly secure data room’ but the truth is that these data rooms aren’t any more secure than tools like Dropbox or Google Drive that rely on encryption to secure data in transit and do not ensure that temporary files are deleted once they’ve served their purpose. It’s like a manufacturer of food focusing on how healthy their cereal bar is since it contains 0% fat while ignoring that it’s also 80 sugar free or a residential developer claiming a fire certificate for their timber cladding even though the building is actually 12 feet from the nearest river.

Firmex VDRs are trusted by more than 120,000 businesses for their essential processes in audits, deals and litigation as well as procurement projects with billions of dollars at stake. Find out more about how our Virtual Data Rooms will benefit your company by contacting us today.