Data room confidential mode allows the administrator of the virtual room to restrict a particular user’s access to the VDR in accordance with 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 should also provide remote shred functions that erases files downloaded after administrators have removed access. They will also be able handle the most popular formats for files including PDFs as well as Excel XLSXs. The top providers can also add a watermark to files that users download, which can help deter people from sharing leaked copies of files online. They can also set an expiration date on downloads to prevent downloads that are not authorized.
Other useful tools include redaction that allows administrators to eliminate (black out) portions of text or particular areas of a text from the view of authorized users. This feature is crucial since it code activation expressvpn protects all sensitive business data and personally identifiable information from hackers. Most reliable VDR providers can modify PDF Doc, Docx, PPT, Txt GIF, JPG, and Q&A files.
Some providers let users print out documents that will automatically include a “watermark” and download the original version. A good service will provide users with a question and answer feature that lets them discuss files in the data room and keep answers in a searchable database. This is a great tool for M&A transactions, or any due diligence project.