Yes, you can exchange any type of confidential data using TeamDrive. TeamDrive 1.x was awarded the Data Protection Seal of Approval from the Independent Center for Privacy Protection Schleswig-Holstein. The built-in automatic encryption prevents access to the data by unauthorized third parties. Before the data leaves your computer, it is encrypted and is only stored on the servers in its encrypted form. Even TeamDrive administrators cannot view the encrypted data because only the members of a team have a key to the data. The key is not stored in any central location but only with the members of the respective team.