Executives are increasingly concerned about sensitive files in international transactions. These files are typically classified as highly sensitive and are considered to be the crown jewels for a business. They pose a high risk if they fall into the wrong hands. Cybercriminals are able to target any sensitive data that contains financial information, personal data or trade secrets.
The loss, misuse or unauthorised access to sensitive information could adversely affect national security, the conduct 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 there is a legal obligation to protect however, the disclosure of this information could cause small harm to those and organizations involved. Examples include the building plans or donor records, information on intellectual property rights, information about IT services, visas and other travel documents, as well as security information.
A business that is international has to determine and categorize the data that falls under the PHI under HIPAA, the this hyperlink GDPR’s PI regulations, LGPD, NY SHIELD, CCPA, and more and ensure that it is properly stored and transferred in a timely manner.
