Data security means protecting digital data, such as those stored in a database from harming forces and unintentional actions of users who are not authorized such as cyberattacks or a data breach. It also entails preventing unauthorised access to data by implementing robust data security practices and technology.
VDRs are the most secure method of sharing documents and collaborate on projects. They offer granular control over access, limiting the ability of users to download prints, copy and download documents. Access can be revoked after a specific period of time has expired. In addition, most VDRs come with features that allow you to scan for malware and secure document contents. This makes it difficult for unauthorized parties to read stolen information, even if they gain access to the VDR file system.
Many VDRs have e-Signature built-in which allows users to automation tools for your own technology due diligence sign and negotiate documents without the need to use email or a third-party eSign provider. This minimizes security risks. Many contracts, like NDAs and supplier agreements require signatures. A simple VDR with eSignature capabilities can eliminate extra steps and save time.
While the most frequent use cases for the VDR are due diligence and M&A transactions The secure platforms can be used to facilitate virtually every project that requires sharing sensitive information. Invest in an VDR which is easy to implement, use and has all the features you need to complete deals quickly. CapLinked is a leading VDR in the industry that provides advanced security and document collaboration features with a price that is competitive. Set up a demo to experience CapLinked in action.