Data classification is essential for modern organizations as it provides a structured framework for managing and protecting information assets based on their sensitivity and value. When organizations properly classify their data, they can efficiently allocate security resources, ensure regulatory compliance, and reduce the risk of data breaches. For example, highly sensitive information like customer financial records requires stronger protection measures than publicly available marketing materials.
You can review the OREF Data Classification Standard by clicking the button below. This document is for internal use only.