A secure dataroom is an online tool that lets files be uploaded quickly and easily. They can then be seen by authorized recipients or shared with them or downloaded. Companies use it to provide important documents with a large number of stakeholders to ensure due diligence, compliance, corporate transactions, litigation and raising funds. Secure data rooms offer more features than other tools like Google Drive or Dropbox that safeguard confidential business information from any unauthorized access.

The majority of cloud-based secure data room offer bulk uploads by drag-and-drop, a powerful search feature that allows for full-text search and a numbered list of all uploaded documents, and dynamic watermarking that connects the name of an authorized user to all viewed prints or images. Advanced systems, such as CapLinked, provide additional features to safeguard privacy of data. For example, FileProtect is a proprietary DRM solution offered by CapLinked that blacks out sensitive areas of documents with the help of a “fence view” to prevent screenshots from being taken and further https://fishdataroom.com/the-best-virtual-data-rooms/ dissemination.

While a secure dataroom might be more expensive than tools such as Google Drive or Dropbox for sharing confidential business information However, the cost of using a general platform to share files could be greater. The misuse of confidential information could lead to fines, lawsuits, and reputational damage. A secure data space that is properly equipped can give a professional first impression and can be the difference between a successful or unsuccessful the terms of a deal. To find out more about a secure information room and how it can help you meet your requirements, request a one-on-one demo today.