Summary Data is new Oil. Its useful only when its secure, complaint.

3.Value of Data Governance to the Organizations
Here are some notes in markdown format about Understanding Data Assets and Discovering and
Classifying Data:

Understanding Data Assets
 Data is a valuable asset for organizations
 Data can provide insights and drive decision making
 Data can be used to improve operations and increase efficiency
 Data comes in many forms (structured, unstructured, semi-structured)
 Data can be stored in many locations (on-premises, cloud, hybrid)
Discovering and Classifying Data
 Discovering data involves identifying and locating data assets
 Classifying data involves organizing data assets by level of sensitivity and importance
 Data classification helps organizations manage and protect their data assets
 Common data classifications include:
 Public
 Internal
 Confidential
 Restricted
*Data classification framework should be continuously reviewed and updated as needed.

These notes are not exhaustive, but rather a high-level overview. For more detailed information
about Understanding Data Assets and Discovering and Classifying Data, please consult relevant
resources or speak with a data governance expert.