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Executives are increasingly concerned about international transactions that require hypersensitive files. These data files that are hypersensitive which are the crown jewels of a company, are at the risk of falling into the wrong hands as they contain personal information, financial information, or business secrets. The loss, misuse or unauthorised access to this kind of data can affect security throughout the country, the efficacy of federal programs as well as the privacy to which individuals are titled under the Privacy Act. See also controlled nonclassified information (CUI).
Moderate sensitivity data comprises information for which there exists the legal obligation to safeguard but the disclosure of this kind of information could lead to small harm to the people and organizations affected. It includes building plans information as well as donor records, information about intellectual property IT service information, and visa and other travel documents, as well as security information. International businesses must to categorize and decide the information that falls under the GDPR’s HIPAA PHI regulations, GDPR’s regulations regarding PI, and LGPD’s NY SHIELD, CCPA and more, and ensure that it is securely stored across borders.
To ensure the security of hypersensitive files companies must implement a range of best practices, including proper tagging and cataloging all data, both onsite as well as offsite disaster recovery and monitoring for any signs of potential problems. Digital data room software can help with this. This program allows companies to share and store documents in a cloud-based, secure environment.
