When international companies negotiate deals they exchange confidential information between them. This information may include company financial data, business operations, or the numbers of inventory. By putting in place protocols to protect sensitive data, businesses can maintain the trust of their colleagues and avoid leaks.

Based on the risk level there are various protocols available to safeguard this data. Highly sensitive data can pose a high risk to an organization or individual if it is breached and should be restricted to the authorized personnel to handle it. This includes personally http://dataroomsavings.info/3-worst-ways-to-handle-your-databases/ identifiable information (PII), confidential employee data, and board documents.

Moderately sensitive data is information that there is a legal obligation under law to safeguard, but the disclosure of this type of information will cause minor damage to the individuals and organizations affected. This includes information about construction plans, donor records, and information on IT services.

Business executives are increasingly concerned about hypersensitive files in international transactions. These files are considered the most valuable assets of any company and pose a heightened risk to fall into the wrong hands because they are often containing financial information as well as personal information or operating secrets. If they are stolen, misused, or illegally accessed the information could affect the security of the country and federal programs as well as the privacy rights that individuals are entitled to under the Privacy Act. This kind of information is also referred to as controlled non-classified information (CUI). To ensure the safety of these files, businesses must ensure they are properly tagged and cataloged, and that they are stored in a timely manner across boundaries.