The Data Lifecycle refers to the stages that data goes through from its initial creation to its eventual deletion. These stages typically include data generation, storage, usage, sharing, archiving, and disposal. Understanding this lifecycle helps organizations manage data effectively and ensure its quality and security throughout its existence. Each stage of the Data Lifecycle is crucial for maintaining data integrity and compliance with regulations. For instance, during the storage phase, organizations must implement proper security measures to protect sensitive information. Similarly, the disposal stage requires careful handling to prevent unauthorized access to outdated or irrelevant data.