Data classification is a method of categorizing data for easier storage, management, and extraction, helping businesses comply with data privacy regulations.
It allows grouping data based on sensitivity levels to protect confidential information and prevent breaches.
There are four types of data: Public Data, Internal-Only Data, Confidential Data, and Restricted Data.
Approaches to classify data include Content-Based, Context-Based, and User-Based Classification.
Reasons to classify data include personal data protection, risk mitigation, compliance, analytics, and efficiency.
Best practices for data classification include making it a priority, creating a schema, minimizing sensitive data, educating employees on compliance, conducting risk assessments, implementing security measures, and regular monitoring.
Data classification enhances data security, data privacy, and overall productivity within a business environment.