The sensitive nature of documents in international transactions are a growing concern for corporate executives. These files, commonly referred to as hypersensitive and are considered to be the crown jewels of a company and pose increased risk when they are exposed to the wrong hands. Cybercriminals can target any sensitive file, whether it contains monetary information, personal data or trade secrets.
The loss, misuse, and unauthorised access to sensitive data could affect national security and federal programs, as http://dataroomsavings.info/secrets-of-secure-sharing-large-or-sensitive-files-in-international-deals well as the privacy that individuals are entitled to under the Privacy Act. Also, see controlled non-classified information (CUI).
Moderate sensitivity information is information that there is a legal obligation to guard however, the disclosure of this information would only cause small harm to those and organizations affected. Examples include building plans or donor records, information on intellectual property rights, information about IT services, visas and other travel documents and security information.
A company with global operations has to determine whether its data falls into the PHI category under HIPAA or GDPR and to ensure it’s securely stored and transferred.