Customizing Security Labels and Security Label Values
During the security label configuration, display names and descriptions for each security label and standard security label value were specified. These display names and descriptions display in the automatically generated descriptions accessed by clicking the view security label information icon 
from the Security Labels table.
from the Security Labels table.
You can customize the security label and the label value to change the display name and description, sort the order of display, or delete them if not required. For more information, see Modifying Security Labels, Modifying Security Label Values.