Security Vital for Virtual Data Rooms
When it comes to security, nothing beats Data Room Services' unique approach
Frankfurt, February 4th, 2010 - For large corporate and real estate transactions, virtual data rooms are essential for fast and thorough due diligence. Important factors when selecting a virtual data room provider are security of sensitive documentation and the protection of your IT environment. Everyone knows that the right information in the wrong hands can ruin negotiations. But it is also important to protect entire IT environment during the due diligence process.
Many data room providers still depend on common file formats and web browsers even though these risks have been evident for some time. Indeed, numerous very recent reports and warnings from various sources as diverse as Cnet (" Adobe Security Issue: Reader, Acrobat vulnerabilities exploited. ") and the Australian government (" Govt issues IE security warning ") clearly point out the dangers of relying on such tools.
Speaking specifically on the matter of PDF, Alexandre Grellier, CEO of Data Room Services, had this to say: "We deliberately refrain from using file formats such as PDFs for displaying documents, because the security breaches of PDFs are well-known. Security is the prime concern working with virtual data rooms..."
Data Room Services has always avoided the common tools in the market by offering a truly secure solution by way of a proprietary viewer for displaying documents in the virtual data room. This viewer does not even have to be downloaded to use. This unique approach was developed especially to ensure secure transactions. After all, your IT environment should not be compromised for the sake of a transaction.
Contact for the Media
Meike Mohr
Vice President Marketing
DRS Frankfurt
Eschersheimer Landstr. 6
60322 Frankfurt, Germany
P: +49 (0) 69 478640 - 280
meike.mohr@dataroomservices.com
www.drs-digital.com