Papers are classified as important and sensitive if they contain information which could be of use in the event of security breaches such health records, personal information or financial transactions. The documents used to have to be exchanged physically, which required a variety of important participants ranging from executives and accountants, to lawyers and other internal and external personnel to travel to the same location at precisely the same time in order to inspect them. This was a costly time-consuming, inefficient and polluting method of sending documents which were vulnerable to theft and unauthorised access.
Sharing digital documents is a part of everyday business operations. Remote working and B2B buying are becoming more web-based. While this is beneficial for productivity, it also poses serious risks. Most business owners aren’t aware of the magnitude of those threats.
Email is an insecure method of sending documents to customers, as cybercriminals can intercept emails and use the data to commit identity theft and other criminal actions. Plus, it’s difficult to track who has viewed and edited documents sent through email.
Secure document exchange is a fantastic option to share files customers, while keeping track of who has visited them and modified them. These tools are designed to satisfy different data protection laws and provide a comprehensive audit trail, making it easy to trace any issues back to their source. They also help businesses avoid the penalties that come www.myhomedataroom.com with data breaches that can ruin their reputation and financial performance.