Data Safety Policy - Disruptive Edge

Introduction

Korr's data safety policy aligns with the National Institute of Standards and Technology (NIST) standards, focusing on protecting sensitive data throughout its lifecycle. This policy establishes mandatory requirements, best practices, and recommendations to ensure data confidentiality, integrity, and availability.

1. Purpose of the Policy

The primary purpose of this data safety policy is to:

• Protect sensitive data against unauthorized access, disclosure, alteration, and destruction
• Ensure compliance with legal, regulatory, and contractual obligations (NIST, GDPR, HIPAA, PCI DSS)
• Establish a framework for identifying, assessing, and mitigating data risks
• Provide guidelines for effective incident response

1.1 Scope

This policy applies to all employees, contractors, and third-party providers handling sensitive data within Korr, covering electronic, paper, and verbal communications.

2. Data Classification

2.1 Classification Levels

2.2 Data Handling Procedures

• Access Control: Role-based access controls for authorized personnel
• Data Encryption: Industry-standard encryption for data at rest and in transit
• Data Masking: Protection of sensitive information in non-production environments

3. Data Protection Measures

3.1 Data Encryption

• At Rest: AES 256 encryption for stored data
• In Transit: TLS 2.0 for network transmission

3.2 Access Control

• Role-Based Access Control (RBAC) based on user responsibilities
• Multi-Factor Authentication (MFA) for sensitive systems access

3.3 Data Retention and Disposal

• Retention periods specified by data type
• Secure deletion procedures for obsolete data

4. Incident Response Plan

4.1 Incident Response Team

• Dedicated team for managing data breaches and security incidents
• Clearly defined roles and communication protocols

4.2 Incident Detection and Reporting

• Continuous system and network monitoring
• Clear reporting mechanisms for suspected incidents

4.3 Response Procedures

• Containment procedures to prevent further damage
• Investigation protocols for root cause analysis
• Required notifications to affected parties

5. Training and Awareness

5.1 Training Programs

• Regular data safety training sessions
• Specialized training for sensitive data handlers

5.2 Awareness Campaigns

• Ongoing education initiatives
• Effectiveness assessment mechanisms

6. Compliance and Auditing

6.1 Compliance Checks

• Regular internal audits
• Third-party security assessments

6.2 Continuous Improvement

• Regular policy reviews and updates
• Incident analysis for process improvement

This policy will be reviewed annually and updated based on security requirements and industry best practices.