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Disadvantages of virtual data room

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Uma asked about 3 years ago

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered almost 3 years ago

1.There can be concerns about the security and confidentiality of the information relating to the target’s business. 2. Sellers also will want to ensure that if there are restrictions imposed on the bidder’s ability to print, forward or copy documents that these restrictions cannot be circumnavigated.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered about 3 years ago

Dear Friend, **Disadvantages of Virtual Data Room** 1.There can be concerns about the security and confidentiality of the information relating to the target’s business. 2. Sellers also will want to ensure that if there are restrictions imposed on the bidder’s ability to print, forward or copy documents that these restrictions cannot be circumnavigated. 3.Some sellers therefore are reluctant to use a VDR where the perceived security risk is seen as greater than using a physical data room. Provided a reputable VDR provider is chosen, however, these risks are perhaps more theoretical than real or at least no greater than where using a physical data room.

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