EthosData Dataroom Blog

What Happens If Your Virtual Data Room Provider Servers Fail?

Posted by David Diez on Nov 21, 2014 11:00:00 AM

Imagine that you are at a critical phase of due diligence where the bidders will be sending you their bid offer. All of this process is being run on a confidential virtual data room. Suddenly no one can access none of the files. Is that possible? Can it be that the servers of your virtual data room provider failed without warning leaving you stuck at a crucial stage of the transaction?

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How Much Should You Pay For Your Virtual Data Room?

Posted by Harsh Batra on Nov 18, 2014 10:37:00 AM

One of the first questions that you usually look for when

you are considering hiring the services of a professional virtual data room provider is the cost. This article is about the factors you should be considering before making a decision on how much you should pay for your virtual data room. Here are 5 points that you should consider:

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Top Document Sharing Software Requires A Top Team Behind The Scenes

Posted by Harsh Batra on Oct 24, 2014 11:00:00 AM

Document sharing software is not associated with a service team. You simply download the app or access it through a browser and then use it, expecting it to do the job.This approach normally works at the consumer level. But things are different at the enterprise level. The top enterprise document sharing platforms do alot more than just provide a patform. They also provide a team, a group of experts in the field, to support all of their clients requirements. Here is why a support team adds value to a software solution:

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Dropbox Security Issues Under The Scanner

Posted by David Diez on Oct 21, 2014 11:00:00 AM

Cloud based file sharing has become second nature to us. We use a plethora of services to share documents with our family, friends and colleagues. Dropbox being one of the first to market helped it gain first movers advantage.  But success always come with more scrutiny. Most security experts agree that while Dropbox type services might be a good way to share personal information on the internet, it is not secure enough to store and share confidential data.  This is even more relevant for companies and professional firms.

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The Key To EthosData's Success Has Been Its Virtual Data Room Service

Posted by Harsh Batra on Oct 7, 2014 11:00:00 AM

What made you decide to choose us? “A prior customer told us that you offer excellent Virtual Data Room service.” We have heard that statement so many times that we decided to provide a detailed breakup of what

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What Defines A Leading Virtual Data Room Provider?

Posted by Harsh Batra on Oct 3, 2014 1:18:15 PM

virtual-data-room-safeWhat defines a leading Virtual Data Room provider? Is it the number of awards it has won? Is it the security features it offers? Is it the third party certifications? We will offer our perspective of what factors make a leader in the Virtual Data Room industry.

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Are You Paying Fees To Get Extra Work Done On Your Data Room?

Posted by Kamal Raj on Sep 30, 2014 10:24:00 AM

If you are working with a Virtual Data Room provider that offers you a dedicated team for your Data Room then you have a huge advantage. The question however is do you need to pay extra to get the privilege of the team’s support? At EthosData, we consider ourselves a service business, not just a technology company. Here are service related questions you should be asking any data room provider:

 

What kind of service is it?

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The Right Technology to Make File Sharing Safer

Posted by Kamal Raj on Sep 26, 2014 11:00:00 AM

There are several file sharing methods, but not all offer intensive data protection. In November of 2013, a data breach cost Target $148 million. Recently, 1,000 retailers, including brands like Home Depot, have reported similar breaches.

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Secure File Sharing Solutions vs Unsecure File Sharing Solutions

Posted by David Diez on Sep 23, 2014 11:00:00 AM

What kind of file sharing solutions are you using? Are you sharing your personal videos, movies and photos or are you sharing highly confidential proprietary information? Your requirement determines whether the solution you should consider is secured or unsecured.

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How To Prepare Your Company's Virtual Data Rooms

Posted by Kamal Raj on Sep 19, 2014 11:56:01 AM

You must prepare your company’s Virtual Data Rooms in advance so that the virtual data room is effectively organized, easy to follow and simpler to manage.Do all the hard work upfront if you want to avoid overwhelm later. Our 14 years of experience in the industry enables us to make the following recommendations:


1. Understand the nature of the due diligence

Is it a one-on-one or is it an auction? Where are the bidder located?  How complex is the asset being sold? In all cases you will need to understand what the other side will require to start diligence and what you are willing to disclose in the preliminary stages. Often more and more data gets added throughout the life of Virtual Data Rooms because the company did not predict the external parties requirements in advance. When the external parties request for the data they need to continue the due diligence process your company will have to locate it, scan it and then uploaded. The delay could be avoided through pre-planning.

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