When companies negotiate international deals they exchange confidential information between them. This information may include company financial data, business operations or inventory figures. By implementing security procedures to safeguard sensitive information and maintain the trust of their colleagues and avoid leaks.

Based on the degree of risk, different protocols can be used to safeguard the information. Highly sensitive data can pose an extremely high risk to an individual or business if it’s breached. It should only be handled by authorized individuals. This includes confidential employee data such as board documents, and personally identifiable information.

Moderate sensitivity data includes data that the government has an obligation by law to safeguard, but the disclosure of this type of information will only cause minor damage to the individuals or organizations affected. This includes information about building plans, donors’ records, data concerning intellectual properties IT service information, as in addition to visas and other travel documents.

Business executives are becoming increasingly concerned about hypersensitive files in international transactions. These files are the crown jewels of a company and could be a high risk for falling into the wrong hands as they contain personal information, financial information or operating secrets. This type of data, if lost, misused or accessed in a way that is illegal, can negatively impact the security of the country as well as federal programs and the privacy rights that individuals have under the Privacy Act. This kind of information is also known as controlled non-classified information (CUI). To ensure the security of these files, companies must ensure they are properly labeled and cataloged, and stored effectively across boundaries.

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