“…Once the classification of assets is set, the result act as input into the risk assessment where classified information is required to analyze, prioritize and manage risks and apply protection (Bergström and Åhlfeldt, 2014; Everett, 2011; Webb et al , 2014). Thus, it is an essential piece of risk analysis and management within organizations (Bergquist et al , 2021; Everett, 2011; Gerber and Von Solms, 2005). According to Veritas (2015), 54% of data in organizations are unclassified and unlabeled; the result is difficulties in effectively spending and using organizational resources as there is no possibility of applying protection to assets you do not know exist.…”