Microsoft Information Protection in Microsoft 365 in 365
Implement Microsoft Information Protection (MIP) to help you discover, classify, and protect sensitive information wherever it lives or travels.
MIP capabilities are included with Microsoft 365 Compliance and give you the tools to know your data, protect your data, and prevent data loss.
Protect your data
To apply flexible protection actions that include encryption, access restrictions, and visual markings, use the following capabilities: Sensitivity labels, Microsoft Cloud App Security, Azure Information Protection unified labeling scanner
Transition from AIP to MIP
The classic Azure Information Protection admin experience and client are being deprecated early next year. It is recommended to move to Microsoft Information Protection.This entails migrating all your existing labels and policies over.