This is how due diligence for M&A is carried out in a safe way in 2024
Updated: January 26, 2024, 2:00 PMPublished: January 16, 2024, 10:00 AM
Unauthorized access, leakage or carelessness with sensitive data in transactions can cause great damage – and it is therefore extremely important to minimize this risk.
– At Datasite we have both experience and the technical solutions needed to secure all types of sensitive data in all contexts, says Oskar Klavebäck, Director of Sales, Nordics at Datasite.
When carrying out acquisitions, divestitures and other transactions, handling sensitive data is an important task. Involved parties, employees, partners and owners expect that data is not leaked, but only given access to those authorized. Leakage of data can destroy business, destroy relationships with customers or partners and also damage the brand.
Ensuring that sensitive data is protected and secured is a challenge that increases with the size of the transaction, business or project in question, the number of individuals involved and the number of locations where the business or transaction takes place.
– The last thing you as a participant or person responsible want to have to think about is how to safely store, handle and share this sensitive data in an accurate and secure way, while having full control but also meeting all regulatory requirements, says Oskar Klavebäck.
Datasite has solutions to secure data
Datasite has over 50 years of experience in handling sensitive data in complex transactions and also storing this data.
– In one and the same place, we can carry out this safely, efficiently and regularly with total traceability, he says.
To meet regulatory compliance, Datasite uses the highest global security standards to ensure that all data is secure regardless of where it is made available.
To enable efficient document sharing, Datasite has functions for managing permissions both at the role, folder and content level, as well as at the project, file and word level.
In transactions, those involved can work with internal and external parties on one and the same platform to execute the project efficiently, securely and with traceability.
– It ensures that everyone has access to the same information, explains Oskar Klavebäck and concludes:
– We believe that Datasite offers a higher level of security, functionality and support than other solutions on the market, and enables total privacy, accessibility and collaboration in a way that other solutions cannot.
Read more at: www.datasite.com
The article is produced by Brand Studio in collaboration with Datasite and not an article by Dagens industri
