To safeguard sensitive data within an organization, it's crucial to transcend basic security measures and adopt a strategic approach, focusing on establishing a robust data governance framework. This entails classifying data according to its sensitivity and business value, which then determines the necessary level of security controls.Businesses must emphasize deploying a multifaceted cybersecurity strategy, including the classification of sensitive information like financial records and personally identifiable information (PII) for enhanced security and protection. Additionally, stringent access controls such as least privilege and multi-factor authentication should be implemented to mitigate unauthorized access. Data encryption, both at rest and in transit, adds another layer of protection.