Data room confidential mode allows the administrator of the virtual data room to restrict the use of a VDR by a specific user based on their IP address or the type of device. It is an excellent tool for M&A transactions as well as other sensitive business ventures.
A good service provider will provide granular rights http://www.allvpnusa.com/ settings for users and two-factor authentication. They will also provide remote shred, which deletes downloaded documents after an administrator has removed access. They will also be able to handle the most popular file formats, including PDFs and XLSXs. The most reliable providers can put watermarks on the files users download, which discourages users from sharing copies the files online. They can also set an expiration date for the files downloaded to stop unauthorised downloads.
Redaction is a third tool that allows the administrator to block (black out) specific text fragments or sections of a file from authorized users. This feature is essential because it shields sensitive business data and personally identifiable information from hackers. The most trusted VDR providers can remove PDF, doc, TXT, docx, ppt, pptx as well as gif, jpg and jpg files as well as Q&A attachments.
Some providers let users print out documents which will automatically include a watermark, and they can even allow users to download the original version of a file. A good service will provide a feature for questions and answers that lets users discuss files in the dataroom, and keep answers in an easily searchable database. This can be extremely useful for M&A deals or any due diligence project.
