How can you classify data for multiple departments?
Data is one of the most valuable assets of any organization, but it can also be a risk if not managed properly. To manage data effectively, organizations must practice data governance, which involves defining and implementing policies, standards, and processes to ensure the quality, security, and usability of data. Data classification is a key part of data governance and it involves categorizing data according to its sensitivity, value, and purpose. This can help organizations protect confidential and personal data from misuse, enhance data quality and consistency, improve data discovery and analysis, optimize data storage and retention, and comply with legal and regulatory requirements for data protection. However, data classification can be a complex task when multiple departments have different needs, expectations, and preferences. To make this process easier, you should create clear definitions for each category of data; establish a consistent approach to classifying data; create a centralized repository of all classified data; involve relevant stakeholders in the process; and ensure that all classified data is kept up-to-date.
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Renjith K P PMP? CAIO? TOGAF? DCAM? CDMC? LSSBB?Enterprise Architect - Data Architecture, Graph Data Modelling, Knowledge Graph, Semantic Modelling, Data Modelling…
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Tina TilmanData and Risk Management Leader | Driving Data Governance, Analytics and Compliance
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Merrill AlbertEnterprise Data Leader, Data Governance Officer, Data Thought Leader, Chief Data Officer, Fractional Governance, Data…