The security of business information is one of the main concerns of organizations and businesses nowadays. With the advent of digitization, this issue saw the daylight and is now concerning businesses more than ever. The most reliable and robust solution to this problem is using Virtual Data Rooms (VDRs). VDRs have become an important tool for businesses involved in confidential transactions and frequent data sharing. But the question is, what are the exact security features offered by virtual data rooms? 

To find the answer to this question, read the paragraphs below. 

Data Encryption

Data encryption is the most secure way to keep your documents and other media safe from unauthorized access. This is where virtual data rooms come to help you. Also, These data rooms built with the highest level of encryption that converts your data into a coded format. 

This format is only deciphered by authorized users and the data room itself. For example, if you are an administrator of a data room, only you can access it by providing the correct encryption fee. However, Any unauthorized person trying to access it will blocked out of the data room and won’t able to gain access to the servers again. 

This approach ensures that your personal data remains confidential in every possible scenario. To use a virtual data room for your business, you can go to Firmex.com and book a demo. 

Access Controls

As obvious by the name, access controls used for managing user permissions. Also, These controls ensure that only persons who authorized can access specific documents, media, or folders within the virtual data room. As an administrator, virtual data rooms allow you to define and implement these access controls within the data room. 

You can also define user roles in the form of viewer, editor, or administrator. This will demonstrate who can view, read, download, or print specific files. This level of control is essential to protect your important information from unauthorized access. 

You can also remove or modify the access anytime you want. Rather, it’s consider a good approach to increase the security and safety of your business information. 

Multi-Factor Authentication

If you want to add an extra layer of protection and security to your data, then multi-factor authentication is the way to go. Virtual data rooms provide this functionality that enables you to go the extra mile to secure your data. 

Muli-factor authentication works by requiring users to provide verification multiple times before they provided access to a specific piece of information. This includes a password, a PIN code sent to the phone, a question, or biometric verification. 

 This approach reduces the risk of unauthorized access and enables you to protect your information. 

Document Watermarking

If you don’t want your documents to accessed or used by anyone else outside your organization, then document watermarking is the best option you have. When you view or download any document from the virtual data room, its automatically watermarked with your user’s name or IP address. 

This feature makes it easy to track unauthorized distribution of documents, which automatically saves your documents from unauthorized access.