A virtual data room or VDR is a web-based solution particularly created for the storing and sharing of confidential data. VDRs provide specific sets of options like advanced permissions, tracking features, Q&A tool, as well as multiple-factor authentication and watermarking. Though virtual data rooms are historically utilized for financial transactions, IPOs and fundraising, their use cases are increasing. Any business involved with the secure and specialized management of its data can opt for VDRs. Today, data room providers are progressively building machine learning technology into their software system, thereby enlarging their supply to incorporate tools to use their data room platform for file-synchronisation, internal repository or secure communication with investors.
Technology is a critical piece of the business and all technological tools need to be operating at peak performance for a business to be able to maximize its operation, services and sales.
Several weeks ago it was discovered that a new vulnerability, which allows a downgrade attack against the TLS protocol itself called Logjam, which exploits EXPORT cryptography.
This vulnerability does not affect EthosData´s virtual data room. Our servers infrastructure and encryption communication does not allow to downgrade attacks as it have a strong 2048-bit encription key exchange parameters (Diffie-Hellman key exchange).
A group from INRIA, Microsoft Research, Johns Hopkins, the University of Michigan, and the University of Pennsylvania published a deep analysis of the Diffie-Hellman algorithm as used in TLS and other protocols.
Choosing, storing and managing your password is one of the most important things you can do on your side to keep dataroom security high.
"How do you as a Virtual Data provider destroy your documents? What should I do to destroy our data?" A very good client asked us this question the other day.