Do You Classify?

July 21, 2014 8:14:50 AM EDT | Blog Do You Classify?

Discover the importance of data classification within Data Governance Policies, including how starting with simple classifications can significantly improve data management, security, and compliance efforts.

Simplifying Data Classification: A Key Element in Effective Data Governance

In the vast and varied landscape of data management, the significance of data classification within a Data Governance Policy cannot be overstated. Data classification serves as the foundation for understanding, managing, and protecting data based on its type, sensitivity, and importance. Whether your organization is just beginning to navigate the complexities of Data Governance or looking to refine existing strategies, implementing a straightforward data classification system is a crucial step.

The Essentials of Data Classification

At its core, data classification involves categorizing information into distinct groups for better management and security. For many organizations, starting with basic classifications such as internal, external, and confidential can provide a solid foundation without overwhelming the process. This simplified approach not only makes the initial implementation more manageable but also sets the stage for more detailed classification as the organization's needs evolve.

Tailoring Classification to Fit Your Organization

While a basic classification model offers a good starting point, the unique needs and risks associated with each organization often necessitate a more nuanced approach. The decision to expand beyond the basic categories should be influenced by several factors:

  • Risk Assessment: Evaluating the potential risks and vulnerabilities associated with different types of data can help in determining the need for additional classifications.
  • Complexity and Corporate Culture: The level of complexity your organization is willing to manage and how your corporate culture adapts to change should guide the development of your classification strategy.
  • Ongoing Adjustment: A flexible approach to data classification allows for adjustments and refinements based on evolving risks, technologies, and business objectives.

The Role of Data Classification in Data Governance

A well-defined data classification strategy is instrumental in enhancing data governance efforts. By clearly understanding what data you possess, its classification, usage patterns, users, and its current state (active or stale), you can significantly reduce risks and limit excessive exposure. Key components of leveraging data classification within your Data Governance Policy include:

  • Quick and Thorough Assessment: Ensuring that you can rapidly and accurately assess your data landscape is essential for effective governance.
  • Identifying Gaps: Recognizing and addressing any gaps in your data knowledge or classification scheme is vital for minimizing risk.
  • Enhancing Security Measures: Data classification informs security protocols, ensuring that measures are proportionate to the sensitivity and importance of the data.

Conclusion

Implementing a data classification strategy within your Data Governance Policy is not just about compliance or risk management; it's about gaining a deeper understanding of your data assets. Starting with a simple, manageable system allows for immediate improvements in data handling and security, laying the groundwork for more detailed classifications in the future. Whether you're at the beginning of your data governance journey or looking to enhance an existing framework, the question isn't if you should classify your data, but how effectively you can do so to protect and leverage your organization's most valuable asset.

Rosario Mastrogiacomo

Written By: Rosario Mastrogiacomo

Rosario Mastrogiacomo is the Vice President of Engineering for SPHERE, where he focuses on solving complex security and infrastructure problems involving the processing and analysis of large data sets to find creative and out-of-box thinking solutions. Rosario has been working as a technology leader for over 25 years at financial organizations such as Neuberger Berman, Lehman Brothers, and Barclays. He has held various senior leadership positions including Global Head of Core Software Engineering, Head of Mac Platform Engineering, Global Head of Windows Engineering, and Windows Support Manager. Rosario has built and managed several teams within these positions, some with multi-million-dollar budgets. For the last eight years at SPHERE, Rosario has built the team and methodologies for the development of SPHEREboard. Rosario holds a B.S. in Business Administration from Baruch College (CUNY).