Data Classification and Discovery

Data classification helps with data discovery and access for authorized users. Properly classified data in the cloud tends to be more usable and valuable. It also enables enterprises to determine and mitigate the risks associated with their cloud data—risks that, if left unaddressed, may impact data confidentiality, integrity, and availability (the CIA Triad).

Mishandling sensitive information has severe consequences that go beyond immediate financial losses. These consequences include a breach of trust, legal penalties, and significant reputational damage, each of which can deeply impact an organization:

• Breach of trust: When sensitive data is compromised, it fundamentally erodes the trust that customers place in an organization. This loss of trust can lead to a decrease in customer loyalty and retention, as clients may feel their personal information is no longer secure with the company.
• Legal penalties: Organizations are required...