At a team meeting, your manager tasked you with developing and implementing a classification system for protecting data for your company. To meet this requirement, detail your approach considering the following:

What approach would you take to initiate research and identify critical categories for your company? Explain.

What standards or industry frameworks would you consider using as a reference?

What classification categories will you include?

Will you include any regulated or legally sensitive categories? Explain.

How would you implement the classification model?

How will you verify compliance and enforcement once deployed?

Will you need to establish a policy for the new model?