Which factor is considered when identifying the sensitive data that needs to be prioritized in a business continuity plan?

When identifying sensitive data that must be prioritized in a business continuity plan, legal and regulatory compliance is a crucial factor. Organizations are often required to protect specific types of sensitive data to comply with laws and regulations such as GDPR, HIPAA, or PCI-DSS. These regulations often dictate how data should be handled, stored, and safeguarded, making compliance a top priority in any business continuity strategy.

If an organization fails to comply with these regulations, it could face significant legal consequences, financial penalties, and damage to its reputation. Therefore, prioritizing data based on legal and regulatory requirements ensures that the organization not only protects its sensitive information but also meets its compliance obligations, which are critical for sustaining business operations in the face of disruptions.

Other factors, while relevant, might not carry the same level of urgency or importance in the context of compliance risks associated with sensitive data.