Data classification policy is the predefined course of action that helps to identify the sensitivity of the data. The actions include categorizing data in a way that reflects its sensitivity, such as protecting data for confidentiality, integrity, and availability.
SAP stands for System Applications and Products in data processing, the market leader in ERP software, helping some of the biggest names in the business. The application tier is often the heart of the entire SAP ERP system, looking after interfacing with other apps, transactions, jobs, reporting and database access.
The term Governance, Risk, and Compliance (relatively known as its acronym ‘GRC’) is an integrated strategy for managing an organisation’s overall governance procedures, enterprise risk management, and regulatory compliance.
Threat analysis and risk assessment (commonly referred to as TARA) are the key activities that should be carried out by all organisations whether they are enterprises or small scale companies. At present, there are many methodologies for how risk assessment and threat analysis can be performed.