Data security is the protection of digital data, such as the ones in a database, from harmful forces, and unwanted actions of unauthorized users. Examples include a cyberattack, or a data breach. It also includes preventing unauthorised access by ensuring that data security is maintained through robust methods and techniques.
VDRs offer the most secure method for sharing documents and working on projects. They offer granular access controls that restricts the capability to download, print and copy documents. They can be revoked once a certain amount of time has expired. In addition, the majority of VDRs have features to scan for malware and encrypt 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 which allows users to sign and negotiate documents without the need to use email or a third party eSign provider. This helps reduce security risks. Many contracts, like NDAs and supplier agreements require signatures. A simple VDR with eSignature functions can remove additional steps and reduce time.
While the most frequent uses for VDRs VDR are due diligence and M&A transactions They can be used to facilitate virtually every project that requires sharing sensitive data. Choose a VDR that is easy to install, user-friendly and has all the features your business needs to make deals happen quickly. CapLinked is a leading VDR in the field that offers high-end security and document collaborative features with a price that is competitive. Schedule a demo to see CapLinked in action.
