Organizations need to protect all sorts of information, including financial and personal information. This must be done to ensure customers, employees, and the organization are protected from risks. The organization needs to stay in line with compliance standards wherever it operates. Microsoft provides solutions that can help organizations to implement information protection and governance. Microsoft Information Protection discovers, classifies, and protects sensitive and business-critical content throughout its lifecycle across your organization. It provides the tools to know your data, protect your data, and prevent data loss. Microsoft Information Governance manages your content lifecycle using solutions to import, store, and classify business-critical data so you can keep what you need and delete what you don't. It gives organizations the capabilities to govern their data, for compliance or regulatory requirements. Admins can enable their organization to protect its data, through capabilities and tools such as sensitivity labels and policies in Microsoft 365 compliance center