From the course: Privacy and Compliance in the Age of GenAI: Data Governance, Classification, and Inventory

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Data classification and regulations

Data classification and regulations

From the course: Privacy and Compliance in the Age of GenAI: Data Governance, Classification, and Inventory

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Data classification and regulations

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- [Instructor] Rather than waiting for regulations, why not use data classification to build an efficient governance regime? Let me explain. Many government regulations are driven by a desire to help consumers who feel disempowered by large companies. Other government regulations are driven by a desire to help their companies become more competitive globally when it comes to raising money, monetizing data, and innovating with technology. Given the chaotic world we live in, it would be risky to wait for regulations to offer clarity on how to innovate in areas like gen AI, quantum computing, cloud processing, et cetera. Additionally, some regulations even driving remediation of past mistakes, while others even preventing future mistakes. This is hardly a recipe for clarity and efficiency. What you can do is get a handle on your data by classifying it to address typical legal and regulatory concerns. For example, you could classify data to prevent unauthorized identification or…

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