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Sensitive Files in International Deals

International deals that contain sensitive data are a growing issue for corporate executives. These files, commonly referred to as hypersensitive and are considered to be the crown jewels of a company and are at higher risk of being exposed in the wrong hands. If it’s financial information such as personal information, trade secrets, any type of sensitive file can become an easy target for cybercriminals.

Loss, misuse, and unauthorised access to sensitive data could negatively impact national security and federal programs, as well as the privacy that individuals are entitled to under the Privacy Act. See also controlled non-classified information (CUI).

Information with moderate sensitivity is data that has a legal obligation to be secured however, whose leakage could only cause minor harm for the person or organization concerned. Examples include building plans information and individual donor records, intellectual property information IT service information, visas and other travel documents and security information.

A company with international operations has to determine and categorize the types of data it has that fall under the PHI under HIPAA, the GDPR’s PI, LGPD, NY SHIELD, CCPA, and more and ensure that it’s efficiently transferred and stored.

http://dataroomsavings.info/3-worst-ways-to-handle-your-databases/

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