Secure Data Room For Business

A secure data room for business is a cloud solution specifically designed for the secure sharing of confidential business documents and files. They are used in the due diligence process of the course of a deal. They offer a wide range of features including advanced permissions, Q&A tool notes and bookmarks with watermarking and multi-factor authentication to limit access and ensure that only those who are authorized to access the data have access to it. They can be accessed anywhere in the world via any device connected to the internet and are especially useful for teams that work remotely at work, from home or on the go.

Secure datarooms can make a huge fuss about how secure their systems are with phrases like’most secure virtual room’ or a highly secure dataroom’. But in reality these systems aren’t more secure than tools like Dropbox or Google Drive that use encryption to safeguard the data at rest, but do not erase temporary files once they’ve served their purpose. It’s like a food company focussing on how healthy their cereal bar is due to the fact that it has zero fat without mentioning that it is also 80 sugar-free or a housing developer claiming to have a fire certificate for their timber cladding, when the building is actually only 12 feet from the closest river.

Firmex VDRs are simple to use, cost-effective and backed by 24×7 support and have been trusted by over 120,000 companies to manage critical processes in deals or audits, litigation or procurement projects that have billions at stake. Find out more about how our Virtual Data Rooms will benefit your company by contacting us today.

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