Executives are increasingly concerned about sensitive data in international transactions. These files, commonly referred to as hypersensitive or sensitive, are the most valuable assets of a company and pose greater risk if they fall into the wrong hands. Cybercriminals can target any sensitive file which contains financial information, personal data or trade secrets.
The misuse, loss, or unauthorized access to sensitive information could adversely impact the national security, the performance of federal programs or the privacy to which individuals are entitled under the Privacy Act. Check out the Controlled Unclassified Information (CUI).
Moderate sensitivity information comprises information that has a legal obligation to protect however, the disclosure of this information will only cause little harm to the individuals and organizations affected. Examples include construction plans or donor records, information on intellectual property rights, information about IT services, visas, and other travel documents and security information.
A company with international operations must determine and categorize which of its data falls under the PHI http://dataroomsavings.info/secrets-of-secure-sharing-large-or-sensitive-files-in-international-deals/ under HIPAA and the GDPR’s PI, LGPD, NY SHIELD, CCPA, and more and ensure it is stored and transferred effectively.