Data Types and Classifications

Sep 16, 2024

Data Management in Organizations

Importance of Data

  • Data is a crucial asset for any organization.
  • Not all data is the same; management varies based on who holds the data and its use.

Types of Data

  • Regulated Data:

    • Subject to third-party rules, e.g., credit card data complying with payment card industry standards.
    • Government laws may also dictate storage and retention.
  • Trade Secrets:

    • Unique processes and information to the organization.
    • Require strict security measures.
  • Intellectual Property:

    • Often visible to others but protected through copyrights and trademark laws.
  • Legal Information:

    • Public records but may contain private info.
    • Sensitive details stored in different formats.
  • Financial Details:

    • Internal financial data and personal financial info should remain private.

Data Readability

  • Human Readable: Easy to understand (e.g., documents, spreadsheets).
  • Non-Human Readable: Encoded data like barcodes.
  • Mixed Formats: Combine human-readable and non-human-readable elements.

Data Sensitivity and Classification

  • Sensitivity Levels:

    • Different types of data have varying sensitivity.
    • Examples: License tag numbers vs. medical history.
  • Permissions:

    • Specific permissions for accessing sensitive data.
  • Network Restrictions:

    • Restricted network areas for highly sensitive data.

Proprietary Data

  • Data unique to the organization, not typically found externally.

Personally Identifiable Information (PII)

  • Ties data back to an individual (e.g., names, birthdates, biometric info).

Protected Health Information (PHI)

  • Health-related data specific to an individual, including health status and payment info.

Data Classification Levels

  • Sensitive Data: Includes intellectual property, PII, PHI.
  • Confidential Data: Requires additional access for viewing.
  • Public/Unclassified Data: Information available to the public.
  • Private/Classified/Restricted Data: Needs rights, permissions, or NDAs for access.
  • Critical Data: Requires procedures for uptime and availability.