Companies produce a large number of electronic documents, some of which contain sensitive and company confidential information that needs to be protected. This can be a challenge to organizations who are promoting information sharing, yet need to keep their sensitive data safe.
By using a classification system to protect their data, companies can limit their exposure and risk, and only protect the information assets that require protecting. This methodology can also train users to be much more aware of which documents contain sensitive information.
This type of system can also provide accountability, awareness, compliance and efficiency for processes like E-Discovery.