A security officer needs to find the most cost-effective solution to the current data privacy...

Creating a data minimization plan would be the most cost-effective solution to the current data privacy and protection gap found in the last security assessment. Data minimization is a principle that states that organizations should collect, store, process, and retain only the minimum amount of personal data that is necessary for their legitimate purposes. Data minimization can help reduce the risk of data breaches, data leaks, or data misuse by limiting the exposure and access to sensitive data. Data minimization can also help comply with data protection regulations, such as the General Data Protection Regulation (GDPR), that require organizations to justify their data collection and processing activities. Data minimization can be achieved by implementing various measures, such as deleting or anonymizing unnecessary data, applying retention policies, or using encryption or pseudonymization techniques.