Do I Really Need a Virtual Data Room? Why Can’t I Just Use Box or Dropbox?

Do I Really Need a Virtual Data Room? Why Can’t I Just Use Box or Dropbox?

The worldwide virtual data room (VDR) market is expected to more than double in size to nearly $1.9 billion by 2022, this according to MarketsandMarkets. Driven by a combination of robust M&A activity, technological improvements and changing business practices, these highly secure systems for storing and managing sensitive data are streamlining how transactions are conducted.

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Multi-Layered Security Virtual Data Room Protection: What You Need to Know

Sony. Equifax. Yahoo. HBO. Target. The Democratic National Committee.  Each of these entities suffered major losses (financial and otherwise) as a result of computer hacking.  And there’s every reason to believe nefarious players will continue to worm their way into networks to steal or compromise critical data.  This is why a multi-layered security effort is as important as ever — to ensure valuable information is protected from those who want to commandeer it for their own benefit.

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