The Mergers and Acquisitions (M&A) industry is a fast-paced and highly competitive field that requires companies to have access to accurate and up-to-date information in order to make informed decisions. One of the most valuable tools that companies use to facilitate this process is the virtual data room (VDR). In this article, we will explore the many benefits of using a VDR in the M&A industry and how TrueDataShare is revolutionizing the way we share sensitive information.

A virtual data room (VDR) is a secure, online platform that allows businesses to share sensitive information (like employee records, company contracts, contracts with vendors and clients, and other vital business information) with external parties, such as investors, partners, and potential buyers. In today's fast-paced and highly competitive business environment, the use of VDRs has become increasingly important for companies of all sizes and industries. VDRs are essential for the M&A process. One of the main advantages of using a VDR is the level of security it provides. VDRs are designed to protect sensitive information from unauthorized access and breaches, using advanced security measures such as encryption, multi-factor authentication, and digital rights management. This helps ensure that only authorized parties can access the information and that it remains confidential.

Information is now the world’s most valuable resource, leading to a cyber epidemic. Or tough data protection regulations such as the General Data Protection Regulation (GDPR). 

Traditional security solutions are failing to control advanced malware and yet we are less secure today. A cyber criminal can be someone within your organisation. So what can you do to prevent these threats?

While TrueDataShare™ has always been accessible on all devices and this has been our goal from the start, we are constantly working on advancing our product, making it the first true mobile virtual data room.