Overview: AIP has had many names and twists over the past few years. The functionality has been improving, but the naming and changes made it difficult to implement well. Finally, I feel Microsoft Azure Information Protection is implementable at scale.
Summary: Sensitivity labels have have the ability to allow documents and email to be classified to protect email and files. One can track, and encrypt documents/email. You can also use sensitivity labels to protect SharePoint sites, Teams sites and Microsoft 365 Groups. Within AAD (B2C) I can assign sensitivity labels to Microsoft 365 Groups.
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