Data Protection in Collaboration: Safeguarding Sensitive Information with Third-Party Stakeholders

Rajendraprasad Chittimalla

Abstract: The evolution of technology carries complex problems and the solutions require extra care to continue providing a better user experience. The sensitive data can be categorized into PII, PHI, and IP where each has its importance and needs to be protected. The protection of sensitive data is also regulated by international laws like HIPAA and GDPR. Thus, organizations are bound to follow these regulations and provide data security to both the internal organizational data and user data. Factors like financial costs, organizational reputation, business disruptions, and legal boundaries, affect the user experience. The suggested best practices can be followed by the organization and the internally assigned staff members to cope with the problem of exposing sensitive information to third-party service providers. The privacy of the user should be kept under consideration while allowing these service providers to access the limited data and therefore it can mitigate the security threats.

Keywords: data breaches, security threats, privacy, secure file transfer, encryption, third-party integration