(08) 8162 8662 Hi Tech Car Service https://hitechcarservice.com.au/wp-content/themes/bosch_site/assets/images/BCS_Logo.jpg 418 Churchill Road, Kilburn SA 5084
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Hi Tech Car Service
(08) 8162 8662

 April 17 2024

Online data room and SSL

A virtual data room (VDR) when it comes to protecting confidential documents in a safe environment, is superior to free file-sharing services like Dropbox or Google Drive. These services are great for sharing documents on a daily basis however they are not sufficient enough to handle major business events, such as IPOs, M&A Due Diligence tenders, capital raising.

A VDR is an online solution that securely stores and manages sensitive information with multiple users on the internet through web-based interface. This makes it suitable for use in M&A deals as well as fundraising, venture capital and M&A deals as in IP protection and project management.

Many of the same features that are available in file-sharing services are also available on VDRs, including two-factor authentication (2FA) SSO, two-factor authentication (2FA), and granular user permissions. However, VDRs have additional security measures like IP restriction (blocking access for certain devices) and continuous backup of data and 99.9 percent uptime ensuring that documents will always be accessible for review.

For businesses that deal with sensitive information on a regular basis the best choice is to select an VDR with an ISO 27001 certification, which covers the entire platform’s operational procedures systems, infrastructure and processes. In addition, a GDPR compliant VDR has been tested to meet European data protection standards and an ITAR-compliant one adheres to US guidelines for military and defense-related documents. Furthermore, an HIPAA-compliant VDR adheres to national healthcare recording and transaction requirements for electronic health records. Healthcare organizations have the opportunity to share confidential data with outside partners within a secure environment.

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Hi Tech Car Service
in Kilburn, SA
(08) 8162 8662

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