Data room confidential mode is a feature which allows the administrator of the virtual data room to restrict a particular user’s use of the VDR based on their IP address or the type of device. It’s a great tool for M&A transactions as well as other sensitive business ventures.
A good provider will enable users to customize their rights and two-factor authentication. They will also offer remote shred which deletes downloaded documents after administrators block access. They will also be able to handle the most popular formats for files including PDFs as well as Excel XLSXs. The top providers will be able to apply a watermark to files that users download to prevent users from sharing leaked copies files online. They can also provide an expiration date for files downloaded to prevent downloads that are not authorized.
Other useful tools include redaction, which allows the administrator to erase (black out) fragments of text or specific sections of a document that are not in the view of authorized users. This is crucial because it shields sensitive business data and personally identifiable information from hackers. The most reliable VDR providers can edit PDF, doc Docx, TXT or ppt images, jpgs and gifs and Q&A attachments.
Certain providers will let users print documents that automatically add a watermark. they can also permit users to download the original version of the file. In addition, a reliable provider offers users an answer and question feature that allows them to discuss documents in the data room, and save answers in an easily searchable database. This is an excellent tool for M&A transactions, or any due diligence project.
コメント