Section 2: Identifying Sensitive Business Information
In this section, sensitive business information is identified by following a structured approach. First, an inventory of critical assets is compiled, including trade secrets, financial data, customer lists, and proprietary software. Then, a risk assessment is conducted to determine the potential impact of unauthorized disclosure or access to these assets. This involves evaluating factors such as regulatory requirements, industry standards, and business continuity implications. As sensitive information is identified, it is categorized and prioritized based on its sensitivity level and potential risks. This categorization enables the implementation of tailored security measures, including data encryption, access controls, and incident response plans, to protect these valuable assets from unauthorized access or disclosure.