Data loaded to VDR is encrypted using EV SLL 256-bit certificate and thoroughly secured against information leaks and data interference. Furthermore, there is a difference between how two platforms protect the files on the level of usability. Cases in point being the inability to grant access per file (in Dropbox we can grant permissions per folder), ineffective file browser, limited reporting on what happens to the files and on users’ activity (in data room reports are one of the key functionalities of the system – the administrator can see details of even the smallest activity in the system: who uploaded documents or deleted them, who and for how long viewed which file, and there are also comparative sheets at hand that enable to evaluate the level of interest of the investors, and more).

A situation like that has impact on the final valuation and if the confidential information gets to competition – it will affect business advantage of the company.ĭue to the fact that it was designed for a different reason than a data room, Dropbox does not have many features typical for such systems which make Due Diligence analysis easier. In Due Diligence, especially if it involves selling of a company, lack of control over who has access to key information is a plain disaster. As information owners, we lose control over the downloaded file. If users can download files to their drives, it means they can use them as they want and show them to anyone. In the end, the function does not protect sensitive information. Enabling the read-only option does block the possibility to edit the file, but it leaves the door open to downloading the document.

Sure, it has a read-only option but, in fact, it is just a marketing phrase. Dropbox does not provide such possibilities. These are key security features which make it impossible to “move” information outside the data room. Moreover, users cannot select a fragment of text and copy it or take screenshots (e.g. The key functionality of data rooms is the ability to protect stored files so that the users are unable to save a document or print it.

Safe dropbox