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The virtual data room is used as a tool. It is used for: due diligence of corporate transactions (mergers and acquisitions, bankruptcy and collapse, loan syndication, sale of real estate, etc.); audit and compliance (compliance control); confidential business communications when it is necessary to provide access to a single source of information to several users … Continue reading Securing Your Online Data Room: A Quick Guide? →... Data rooms are the most important solutions used in modern transactions. Clients, lawyers, investors, business owners, and other professionals use this software to store and share sensitive data.