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VDR Secure Data Exchange

VDR secure data exchange is a critical technology tool for companies data square blog involved in M&A transactions and fundraising deals and real estate asset management, and countless other situations where sensitive documents have to be instantly shared with external parties. This could include service providers potential investors, internal employees, etc. In many instances, using a VDR can be faster and more efficient than emailing files or using other similar tools.

Some VDRs provide advanced features to reduce the risk of human mistakes when sharing sensitive documents with other users. Some of these features include the ability to impersonate another user, and the “View As” function to verify permissions before inviting an individual to view confidential documents. Certain VDRs also use dynamic watermarking techniques that cover confidential documents with invisible or visible labels. This allows for easier tracking leaks of documents if they happen.

Furthermore some VDRs use encryption of data at rest to protect the integrity and confidentiality of all information that is stored on their servers. This helps companies comply with GDPR’s strict safeguarding demands for personal information transferred across borders. Some VDRs can also assist companies in complying by regulating their third-party vendor relationships by ensuring that the vendors adhere to the company’s policies and procedures for data security.

Some VDRs can also be integrated with popular collaboration programs like Slack or Microsoft Teams, enabling remote collaboration and work in a secure environment. This makes communication easier and eliminates physical document exchanges. This saves both time and money.

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