The board is the primary the organization’s success. They make key decisions and hold important discussions that impact all parties. This means there is a lot of sensitive information that is shared between boards and must be protected from unauthorised access and leakage.

One of the best ways to secure confidential documents www.dataroomabout.com/the-reality-with-the-data-room-software/ for boards is to put in place strong security measures to prevent unauthorized viewing, sharing and printing. A secure board portal can protect documents to make them only accessible to authorized users.

In addition, most boards have options to restrict those who can print or download documents and set time limitations on the amount of time they can be accessed for. Many systems also have tools that let you monitor who has viewed a document, including a report that shows how many times it has been opened and by who.

Another method to safeguard confidential documents for boards is by establishing an explicit confidentiality policy. The policy should clearly state that unless required by law, or authorized by the Board, directors should not divulge confidential information to any third-party including the sponsors of constituency directors. It should also define confidential information. It isn’t easy to enforce a such policy, but it gives an understanding to all directors. It also makes it easier to defend the company against claims that it violated their confidentiality rights.