You created an MIP profile but it never obtains the data classification labels from Azure. The Enforce is showing the below message:
MIP classification sync failed. Could not connect to Microsoft Azure AD Microsoft 365 Security
There may be a delay of 90 seconds for MIP to respond to the fetch label request. If the request will be not completed in 60 seconds, the Enforce will cancel it and throw an error.
If you see a delay in getting a response from MIP:
Before adjusting the timeout setting, make sure that the Enforce can access the URLs listed in DLP Fails to Obtain MIP Labels from Azure (broadcom.com).