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 as they are the crown jewels of a company and pose greater risk if they fall into the wrong hands. Cybercriminals are able to target any sensitive file that contains financial data, personal information or trade secrets.
Loss, misuse, and the unauthorized access to sensitive information can negatively impact national security, federal programs, and the privacy that individuals are entitled to under the Privacy Act. See also controlled unclassified information (CUI).
Information with moderate sensitivity is data that is legally required to be secured and whose leakage would only cause minor harm for the individuals or organizations involved. Examples include building plans information, individual donor records, intellectual property information, IT service information, visa and other travel documents and security information.
A business that is globally-based has to determine whether its data falls home into the PHI of HIPAA or GDPR and to ensure that it is stored and transferred in a timely manner.