Managing Data

Data is one of the most valuable resources an organization has. It’s important to understand the value of data and some of the risks related to data. Different types of data have different values, and data should be protected based on its value. Highly classified or sensitive data requires a higher level of protection. Similarly, when data is no longer needed, it should be destroyed or disposed of.

Data Classification

One of the first steps in protecting data is identifying what data needs protection by classifying it. For example, an organization will often take additional steps to encrypt and protect highly classified data, such as research and development data that it took years to develop. However, data published in company brochures or company websites does not deserve the same level of protection. By classifying data, it becomes easier for anyone within the organization to identify its worth to the organization and the level of protection it deserves.