Cybersecurity is a major issue for VDR providers and their clients due to the extremely private nature of information in M&A deals including pre-IPO due diligence assessments, bankruptcy or restructurings, audits, proprietary intellectual property, fundraising efforts, etc. Unauthorized access to or disclosure of this information could result in significant financial implications. VDR for security features must include secure password and username control security, encryption from end to end, tamper proof design and deterrence techniques like document watermarking to prevent unsolicited printing or downloading of sensitive documents.
VDRs can aid in the forensic investigation of security incidents by providing thorough audit trails and user activity. These records can help investigators determine the scope as well as the cause and impact of the breach. They also provide insight into weaknesses in data security practices, allowing organizations to make corrective steps prior to the next time an incident occurs.
It is vital that users do NOT overwrite recordings with other data, for example backups. As such, an optional feature could be introduced that allows those on board to start a type of marker within the recording. This marker will be a separate document that is not saved along with the original recording, thus preserving the integrity http://dataroomlab.net/ of the recorded data. In lieu of this, the requirement for people on board to manually save a record can be eliminated entirely and instead a requirement should be introduced that data must only be saved using the help of a key or another secure measure.