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But there are no regulations governing selective disclosure of private data, unlike sensitive corporate information or government data.
And the biggest hazard of all is not mobile malware, but data leakage caused by employees losing their phones, or selling sensitive corporate information collected on their mobiles.
Not just for the cloud-storage start-up but for a number of large companies whose employees now use the service to store sensitive corporate information.
"Only BlackBerry Balance can effectively keep sensitive corporate information secure while keeping an individual's personal information private," he said in a statement.
The case has the hallmarks of insider trading seen in recent cases: disclosure of sensitive corporate information about an impending transaction and quick trading by a hedge fund in response to it.
It also came in for criticism for its relentless pursuit of a whistle-blower, Stanley Adams, who had passed on sensitive corporate information to European antitrust officials in Brussels.
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"We've broken disk encryption products in exactly the case when they seem to be most important these days: laptops that contain sensitive corporate data or personal information about business customers," said Alex Halderman, a Ph.D. candidate in Princeton's computer science department.
Data encryption is used on communications as they pass through unsecured networks such as the Internet in order to deter cybercriminals from obtaining sensitive corporate data or personal account information.
The company hopes that the new software makes Samsung smartphones attractive to corporate information technology departments that worry about the theft of sensitive corporate data by hackers.
While I have no doubt the folks at Dropbox take security and reliability extremely seriously, you probably don't want to store the most sensitive sorts of corporate information this way: health records, credit card numbers and the like.
Sophisticated corporate information security practices across sensitive industries like banking, healthcare and manufacturing employ many layers of protection to balance technology-driven solutions with a strong culture of innovation.
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