Data room confidential mode allows the virtual data room administrator to limit a specific user’s use of the VDR in accordance with 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 reputable provider will offer users to customize their rights and two-factor authentication. They will also include remote shred, which erases documents that are downloaded after administrators have removed access. They will also be able to handle the most popular file formats, including PDFs and XLSXs. The top providers will be able to apply a watermark to files that users download, which can help deter users from sharing leaked copies files online. They can set an expiration date on files that are downloaded to avg reviews pros and cons prevent unauthorised downloads.
Other useful tools include redaction, which allows administrators to eliminate (black out) fragments of text or particular areas of a document from view of authorized users. This feature is crucial since it protects all sensitive business information and personally identifiable information from hackers. Most reliable VDR providers can redact PDF Doc, Docx, PPT, Txt GIF, JPG and Q&A files.
Some providers allow users to print documents that automatically include a «watermark» and even download the original version. A reputable provider will provide a feature for questions and answers that allows users to discuss documents in the dataroom. They also keep answers in an easily searchable database. This can be extremely helpful for M&A deals or any due diligence project.