Sunday, December 3, 2017

Keep your Information safe in your Computer & Mobile, Lesson 3 of 25

Data Loss and its Effects

How can data be lost?
• Stealing data storage devices
• Sabotage
• Hacking into computer networks
Impact or Effect of Data Loss?
• Reputational risk
• Financial risk
• Loss of business
• Denial of Service
• Legal risk

Information / Data Classification 
• Information classification defines what kind of information is maintained in an organization.
• Based on such classification, information may need additional protection in place.
• Information can be classified into:
– Classified or Top Secret
– Strictly or Highly Confidential
– Confidential or Proprietary
– Internal Use
– Public

Classified or Top Secret
Highly sensitive information strictly intended for use within the organization
– Top or Executive Management Compensation and Benefits
– Content of Corporate Investigation Reports

Strictly or Highly Confidential
Sensitive information intended for use only within a group of authorized persons associated with a particular department, job function or project
– Personnel Information and/or Non Executive/TM Payroll
– Content of Internal/External Audit Reports
– Project Designs/Drawings

Confidential or Proprietary
Non‐sensitive information used within a department to ensure continuity of operational work routines. Security for this data class is controlled, but information is not highly protected.
– Business Policies and Procedures
– Business partner information not covered by a restrictive confidentiality agreement.

Internal Use
Important but non-sensitive information Examples
– Company announcements or bulletins
– General Project and Research data

Public
Information that requires minimal security and can be handled in the public domain / website.
– Marketing materials/Ads


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