Protecting Sensitive Files in International Deals

International deals involving hypersensitive data are certainly a rising concern for executives. These data files that are sensitive -the crown jewels of companies — carry a heightened chance of falling into incorrect hands because they usually contain personal information, financial information or trade secrets. The loss, misuse or illegal access to this sort of data can affect security in the entire country, as well as the effectiveness of federal programs and also the privacy to which individuals are entitled under the Privacy Act. See also controlled nonclassified information (CUI).

Moderate sensitivity information comprises data for which there exists a legal obligation to guard however the disclosure of this kind of information could lead to small harm to the individuals and organizations that are affected. It includes building plans info and donor records, information about intellectual properties IT service information, visa and other travel documents, and security information. Internationally operating businesses needs to determine and categorize which of this information is covered by the PHI of HIPAA, GDPR’s PI regulations LGPD, NY SHIELD, CCPA and more. They must also ensure it is stored efficiently and securely across borders.

To ensure the security of hypersensitive files companies should implement a variety of top practices, including proper tagging and cataloging of all data, on-site as well as offsite disaster recovery and monitoring for any signs of possible problems. One way to do this is to use a digital data room software program. This software allows businesses to share and store documents in a cloud-based secure environment.

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