When companies negotiate international agreements, they usually share confidential information with one another. This information could include financial information about the company, business operations, or figures on inventory. By establishing protocols to protect sensitive data companies can ensure the trust of their colleagues and avoid leaks.

Depending on the level of risk, various protocols can be utilized to safeguard this information. Highly sensitive data can pose a risk to an individual or an organization when it is compromised and must be restricted to only the authorized personnel to handle it. This includes personally identifiable information (PII) and confidential employee information and board documents.

Moderate sensitivity data includes information for which there is an obligation by law to safeguard, but the disclosure of this type of information will cause minor harm to the people and organizations involved. This includes building plans information, donors’ records, information about intellectual property IT service information as along with visas and other documentation for travel.

Hypersensitive files in international transactions are becoming a major concern for business executives. These files are the crown jewels of a business and could be at risk of being misused due to the fact that they contain personal information, financial information, or operating secrets. This kind of information, when lost, misused or accessed in a way that is illegal, can be detrimental to the security of the country, federal programs, and the privacy rights that individuals have under the Privacy Act. This kind of information may be described as controlled nonclassified information (CUI). To ensure the security of these files, companies must ensure that they are properly tagged, cataloged and stored effectively across borders.

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