What is a Data Classification Policy and Why it’s Important to Keep it Up to Date

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It’s 3 AM. Do you know where your most sensitive data is? And more importantly, who’s able to access it, and how it is protected?  Hopefully, your infosec management team is sleeping peacefully at this hour because your organization has an effective data classification policy in place. Ideally, your team has created a hierarchy of sensitivity, identifying and protecting your most delicate data within a framework of well-defined rules, processes, and procedures.Data classification and risk analysis play crucial roles in every organization’s security and compliance stance. Just how important is organizing and categorizing your company’s data when it comes to keeping it safe?  Peter Sternkopf, President and CEO of Vigilant Systems, provides perspective:“Data classification is by far the most important and overlooked aspect of any business’s information security and management process today.”This article will examine the data classification policy—its benefits, best practices, and why it’s critical to keep your policy up-to-date.  What is a data classification policy? A data classification policy is a comprehensive plan used to categorize a company’s stored information based on its sensitivity level, ensuring proper handling and lowering organizational risk. A data classification policy identifies and …

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