A Secure Online Data Repository (SODR) is a vast database infrastructure, which consists of several databases. It collects and manages sensitive data for analysis and report generation. Authorized users can access and retrieve data using query and search tools. Repositories can also provide a complete overview of the data of an organization by integrating data from different sources.
Centralization of data in a repository lowers the chance of structural discrepancies between diverse datasets. Repository sites can be designed with built-in validation mechanisms to ensure that data conforms to certain standards prior to when it is ingested or changed. This allows governance policies to be applied consistently to ensure that the quality of data is maintained and security protocols are followed. It is also easier to monitor access and security protocols in a central system rather than across fragmented locations.
Many data repositories provide the option to secure both at rest and in flow, preventing delicate information from being read, altered or modified by unauthorized users. This feature mitigates the risk of sensitive data being accidentally released which can pose an important security concern for businesses. In addition, regular backups are a common feature that helps secure data from malicious attacks that could cause the destruction of important information. In addition, many repositories allow for versioning of data – to ensure that when data is modified or changed, previous versions are saved to be used for tracking and reverting. This prevents the loss of crucial information should there be an unintentional system crash or hacking attack.
https://www.usfirstnews.com/client-portals-for-accountants-may-be-the-next-feature-of-vdr-providers