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What Is a Secure Data Room?

Secure data rooms are a web-based software that allows for simple and fast uploading of documents to be shared, viewed and downloaded by authorized users. It is used by businesses to share important documents with a wide number of stakeholders in order to conduct due diligence and compliance, litigation corporate transactions, as well as raise funds. Secure data rooms have more features than tools like Google Drive or Dropbox that safeguard confidential business information from unauthorised access.

Cloud-based secure datarooms typically provide bulk-uploads via drag-and-drop, a robust full-text search feature, a number-coded list of all uploaded files and dynamic watermarking that connects the name of the authorized user to all viewed or data room ma printed images. Additionally advanced systems like CapLinked offer additional features that ensures data privacy. For example, FileProtect is a proprietary DRM solution provided by CapLinked that blocks sensitive parts of the document using the use of a “fence view” to prevent screenshots and further dissemination.

Although a secure data room can be more expensive than tools such as Google Drive or Dropbox, the costs of using a general file-sharing platform to share confidential business information can be much higher. The dangers of stealing confidential information are huge and can result in lawsuits, fines and loss of goodwill. A secure data room that’s well-equipped can make or break any deal. Schedule a demo with a live person to find out more about how a secure dataroom can assist you in meeting your needs.