netfiles Dataroom adds extended 2-factor authentication

With immediate effect, the 2-factor authentication system implemented in netfiles Dataroom also supports one-time password (OTP) apps when users log into their data room. Within the framework of 2-factor authentication, users can now choose between a security code sent by text message or a one-time password generated by an OTP app. OTP apps from third-party providers are supported alongside netfiles' own new OTP app, which is free of charge.

OTP apps generate one-time passwords that users must enter – in addition to their regular access data (i.e. their user name/e-mail address and password) – in a second step when logging into their netfiles data room. Once the app has been set up, users can generate one-time passwords even when they do not have a mobile or permanent connection.

The new netfiles OTP app is available for both Android and iOS and can be downloaded free of charge from the Google Play Store or the Apple App Store.

"Unlike the two-step login procedure that uses security codes sent by text message, the new OTP support feature means that users are no longer dependent on having mobile or permanent connectivity," says Thomas Krempl, founder and Managing Director of netfiles GmbH. "Optimal security can thus be guaranteed at all times, even during mobile access to data rooms."

netfiles gives companies a secure data transfer facility and a secure, central online document management system, complete with detailed access rights and mobile access options. This cloud-based solution makes it simplicity itself to exchange data within the company or with customers and suppliers, and to set up secure data rooms for M&A projects, due diligence tests, asset transactions, board communication, real estate management and contract management, for example.

About netfiles

With more than 20 years' experience to its name, netfiles GmbH is one of the first and leading European providers of virtual data rooms. netfiles data rooms are used primarily in the context of mergers and acquisitions (M&As), due diligence audits and secure data exchange across internal and external company boundaries. Leading-edge software, encryption and security technology ensures that confidential data in netfiles is reliably protected against unauthorized access and data losses. Granular access rights permit precise control of who can view, edit or download what documents. More than half a million users in over 140 countries around the globe have already discovered that netfiles is exceptionally easy to use.

If you would like to know more, sign up to try out the netfiles data room and data exchange 
solutions free of charge for 14 days, with no obligations: https://www.netfiles.com/en/free-trial