Executives are becoming more concerned about sensitive data in international transactions. These files are generally classified as hypersensitive and are the crown jewels for a company. They carry a significant risk of falling into the wrong hands. Cybercriminals can target any sensitive document which contains financial information, personal data or trade secrets.
The misuse, loss or unauthorized access to sensitive information could negatively affect national security, the operation of federal programs or the privacy rights to which individuals are entitled under the Privacy Act. See also controlled non-classified and classified information (CUI).
Information of moderate sensitivity is data that has a legal obligation to be secured however, whose leakage could only cause minor harm to the individuals or organizations involved. Examples include building plans such as individual donor records, intellectual property information IT service information, visas and other travel documents and security information.
A company that operates internationally must determine and categorize the data that falls under the PHI of HIPAA, the GDPR’s PI, LGPD, NY http://dataroomsavings.info/how-to-choose-which-vdr-option-fits-your-storage-needs SHIELD, CCPA, and more and ensure that it is properly stored and transferred efficiently.