Data, information and knowledge are collectively designated as information assets. They are necessary for running any business process,work and decisions making.
Data needs interpretation through knowledge to become an information.
Data
- they are like basic raw material, collection of discrete or continuous unprocessed facts, values, records without context
- data is always stored on some medium and can be transmitted
- interpreting data using the knowledge information is created by
Information
- information is data that are interpreted by a specific person or artificial intelligence using the knowledge
- information is contextualized data
- information is data that have a meaning and value for the recipient with certain level of knowledge (otherwise they are just data for someone else)
Knowledge
- knowledge is what we know. It accumulates from past experience and insight, shaping how we interpret and assign meaning to information
- knowledge is a person's or artificial intelligence's ability to put data, information, education and experience into context
- thanks to the knowledge, a person directs his decision-making, communication and actions
- knowledge is linked to a specific person or artificial intelligence
- knowledge is formed by previous experience and education
Data, information and knowledge from information security point of view
- data, information ad knowledge are valuable business resources, along with people, finances and other assets
- For that reason, they must be protected and are subject to information security and cyber security.