Compliance with the requirements of the General Data Protection Regulation (GDPR or General Data Protection Regulation) can be a difficult task, especially for small businesses. Check which data room providers fully meet data protection regulation compliance in the article below.
How can businesses follow the general data protection regulation?
Companies that operate in a fairly fast-paced and competitive environment must use the latest technologies in their activities, which would make it possible to increase the main indicators of the company’s activity, attract potential customers and gain competitive advantages. This can be achieved with the help of virtual data room technologies, which every year are gaining more and more popularity in various industries, increasing the impact of IT on business results.
The General Data Protection Regulation (GDPR) is a regulation within the European Union legislation aimed at strengthening and unifying the protection of personal information on the territory of the European Union. The implemented risk management processes in the organization make it possible to be more attractive to investors, banks, insurance companies, suppliers, and customers, to receive preferential loans, special insurance conditions, participation in tenders, participation in international projects, increase in the number of customers, etc.
By default, the virtual data room is limited in its capabilities and cannot do anything to negatively affect another application or user: it neither reads user data nor modify system programs; it also has no network access. Each type of business threat requires a specific approach and individual methods of working with this type of threat. Therefore, it is extremely important to turn to professionals in order to protect your own business in accordance with the regulatory and legislative norms of the country. Only a comprehensive approach of experienced professionals in their field will be able to provide truly effective advice on business security and other countries, as well as help in this matter.
The best VDR providers that fully meet data protection regulation compliance
The methods of assessing the competitiveness of the enterprise used by us made it possible to assess the level of success of the company, compare its position on the market with competing firms, assess weaknesses in its own activities, and determine possible measures to strengthen competitive characteristics. We proposed a number of actions, in particular, using virtual data room technologies in the company’s operational activities, which led to the improvement of the company’s competitive profile and strengthened its weight in the market of distributors; that is why we recommend this provider to meet your data protection requirements.
Among the best data room providers that fully meet data protection regulation compliance are the following:
- CapLinked.
CapLinked offers data rooms for projects, organizations, and businesses of all sizes and budgets.
- iDeals.
You can download files in bulk and thus save your precious time. Enterprise-grade security ensures that your important documents are always safe and secure.
- DataRooms.
Collaborate securely with your colleagues, customers, and partners. With DataRooms, you can share personal business information without any worries.
- Box.
Box allows you to quickly download files using the drag-and-drop feature. Advanced activity tracking lets you track everything in the data room.
- Intralinks.
You can have a high-quality preview for more than 30 file types. You can easily streamline collaboration by assigning tasks, granting permissions, and more. This data room is equipped with bank-level encryption.