Sensitive Files in International Deals

October, 23 2023

Executives are increasingly concerned about sensitive files in international transactions. These files, which are often classified as hypersensitive as they are the crown jewels of a company and are at higher risk of being exposed in the wrong hands. Cybercriminals can target any sensitive file, whether it contains monetary data, personal information or trade secrets.

The loss, misuse or unauthorised access to sensitive data could negatively impact the national security, the effectiveness of federal programs, or the privacy to which individuals are entitled under the Privacy Act. Check out controlled unclassified data (CUI).

The information with moderate sensitivity has a legal obligation to be secured and whose leakage would only cause minor harm for the individuals or organizations involved. Examples include the building plans, donor records, information on intellectual property rights, information about IT services, visas and other travel documents as well as security information.

A company operating internationally must determine and categorize the data that falls under the PHI under HIPAA, the GDPR’s PI, LGPD, NY SHIELD, CCPA, and more and ensure that it is properly stored and transferred effectively.

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