Data classification and labeling

Data classification and labeling are integral parts of data life cycle management. The classification of data determines the sensitivity of the data and the controls that are required to keep it secure.

Data classification refers to the process of categorizing data based on the level of sensitivity and its value to an organization. Data classification determines the robustness of data controls to ensure security. The classification of data can be performed based on the following factors:

• Regulatory requirements: Data classification may be based on specific regulatory requirements. Regulatory and compliance frameworks such as HIPAA, GDPR, or PCI-DSS require certain types of data, such as Personally Identifiable Information (PII), to be classified and handled in a specific way to ensure compliance.
• Business impact: Data classification may be based on the level of impact that a loss or breach of the data could have on the business. Highly...