Efficient Due Diligence and High Security Transactions with the netfiles Virtual Data Room

Burghausen, February 9, 2012

Based on more than ten years of experience in developing cloud-based applications for secure file sharing and collaboration, netfiles GmbH recently expanded its product range to include a virtual data room.

The introduction of this netfiles solution addresses a sharp rise in the demand for virtual data rooms for sensitive business processes. The netfiles data room allows for the secure provisioning of documents as part of due diligence audits, acquisitions, property or financial transactions. Furthermore, the netfiles data room offers an efficient and secure medium for communication between the Supervisory Board and the Board of Management.

All you need to use the netfiles data room is a web browser and an internet connection, there is no need for any additional software. The netfiles data room is offered as a SaaS (Software as a Service), which means that it can be put to use immediately. Because of its intuitive user interface, the data room can be used even by less-experienced users without any training.

As well as being user-friendly, the netfiles data room stands out due to its comprehensive security features. These include the detailed access rights that can be assigned on document or folder level, so that user groups, depending on settings, can only view certain documents with a watermark, or not at all. In the netfiles data room, documents are encrypted not just during transfer, but also when they are stored, using 256-bit encryption. As is common in virtual data rooms, you can control whether or not users can print and download documents. Watermarks with user name and a time stamp can be dynamically inserted to protect unauthorized use of documents using screenshots.

Access to the netfiles data room can also be further secured, using a 2-factor SMS authentication (mTan process) or biometric identification as well as normal login. A detailed activity log documents all actions and results in the data room with time stamps. Modern software and security technologies, hosting in Germany in an ISO/IEC 27001-certified data center and regular security checks complete the netfiles service.

About netfiles GmbH

With more than 20 years of experience, netfiles GmbH is one of the first and leading providers of virtual data rooms. netfiles enables companies to securely exchange data and provide centralized, secure online document management with location-independent access and detailed read and write access rights. With the cloud solution, data can be easily exchanged within the company or with customers and suppliers and secure data rooms can be set up for due diligence and meeting management (board communication).

Companies can test the netfiles data room free of charge and without obligation for 14 days:


Press contact

netfiles GmbH
Reinhardt Altmann
Marktler Strasse 2b
D-84489 Burghausen
Tel.: +49 8677 91596-14
Fax: +49 8677 91596-99