Papers are classified as important and sensitive in the event that they contain information that could be a source of concern in the event of security breaches such personal information, health records, or economic transactions. In the past, these documents were exchanged using physical methods, requiring several key players — from accountants and executives as well as internal and external employees to travel to the same place simultaneously to review them. It was time-consuming, expensive and polluting way to send documents that were prone to theft and unauthorized access.
Sharing digital documents has become a aspect of business operations in general. Remote working and B2B purchasing are becoming more internet-centric. But while this convenience is good for productivity, it can also pose significant risks. Sadly, most business owners are not aware of the extent of the risks.
Cybercriminals are able to intercept emails and use the data for identity theft as well as other malicious actions. It’s also difficult to track who has viewed or edited documents sent by email.
A secure i loved this document exchange portal is a convenient method of sharing customer files, while keeping tabs on who has access to and modified them. These tools are designed to be in compliance with various data protection laws, and they offer a thorough digital audit trail that allows you to trace any issue back to the source. They also help businesses avoid penalties for data breaches, which can be extremely damaging to their reputation and profitability.