Open Source Virtual Data Room

A virtual dataroom provides an environment that is secure, safe and safe to share files and documents during M&A with a variety of stakeholders. It lets users communicate with other members, look over and comment on documents, monitor activity, and more. Its advantages include a simple interface along with solid security and collaboration features as well as a lower cost when compared to traditional storage solutions.

In a VDR, access is governed by permissions at the document or folder level. Access can be restricted to only download PDF versions or the original documents that have watermarks. Documents can be set to expire and you can track who downloaded what and when. Administrators can «virtually» shred the document or remove the download rights when needed.

A reliable virtual data room will also offer a user-friendly and customizable platform that can be tailored to your specific business processes, IT systems, and workflows. It should also support drag-and-drop and custom folder structures, along with a comprehensive search facility. It should also offer an audit trail, and a simple file tagging feature to ensure that all activities are recorded.

The best open-source virtual data room should include an extensible API for integration with other tools and applications. It will also offer a variety of customization options including the ability to build your own branded user interface and a robust security model that safeguards against insider threats. It will also conduct regular vulnerability scans and penetration tests of the infrastructure using an outside vendor and ensure that you are protected from attacks involving denial of services.

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