Privacy Risk Management in Microsoft Priva gives you the capability to set up policies that identify privacy risks in your Microsoft 365 environment and enable easy remediation. Privacy Risk Management policies are meant to be internal guides and can help you:
Detect overexposed personal data so that users can secure it.
Spot and limit transfers of personal data across departments or regional borders.
Help users identify and reduce the amount of unused personal data that you store.
https://www.microsoft.com/en-us/security/business/privacy/microsoft-priva-risk-management