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Data Governance Notes

Data Governance is a comprehensive approach to managing data's availability, usability, integrity, and security within an organization, ensuring trust and efficient utilization of data. Effective Data Governance prevents issues like data breaches and poor decision-making, while enhancing data quality and competitive advantage. Data Compliance ensures adherence to laws and regulations regarding data management, improving data organization, fostering trust, and enhancing cybersecurity.

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Rahul Singh
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130 views3 pages

Data Governance Notes

Data Governance is a comprehensive approach to managing data's availability, usability, integrity, and security within an organization, ensuring trust and efficient utilization of data. Effective Data Governance prevents issues like data breaches and poor decision-making, while enhancing data quality and competitive advantage. Data Compliance ensures adherence to laws and regulations regarding data management, improving data organization, fostering trust, and enhancing cybersecurity.

Uploaded by

Rahul Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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What is Data Governance?

• At its core, Data Governance refers to the holistic approach of managing data's availability, usability, integrity, and security within an
organization.
• Having data that you can trust and utilise e ciently.
• Data Governance encompasses a set of principles, practices, and processes that ensure the proper management of data assets

• Similarly, without e ective Data Governance, organizations might face:


◦ Data breaches leading to nancial and reputational losses.
◦ Poor decision-making due to inaccurate or inconsistent data.
◦ Regulatory nes for non-compliance with data protection laws.

• Robust Data Governance can lead to enhanced data quality, improved business operations, increased revenue, and a competitive edge
in the marketplace

Data is a collection of discrete values or raw elements, which will be converted into information when it is able to give me some useful insight
ready to drive my business decision

What is Data Compliance?

Data compliance is the formal governance structure in place to ensure an organization complies with laws, regulations, and standards around
its data. The process governs the possession, organization, storage, and management of digital assets or data to prevent it from loss, theft,
misuse, or compromise. The stipulated regulations and standards determine what data needs to be protected as well as the most suitable
processes for doing so.

Compliance is one of the main reasons why companies feel the need to make data governance a priority. It ensures that the data ecosystem
complies with the laws and regulations on data collection, management, and use.

Bene ts of Data Compliance:

Improved data management: It enables you to minimize the amount of data collected and held, to organize data storage in a better way, and
re ne your data management processes.

Boost loyalty and trust: Compliance with regulations can support your organization or business by helping you build and maintain more trust
and relationships with your contacts, customers, and the general public.

Enhances Cybersecurity: Cybersecurity ignorance may bring about the costs of data breaches and systems downtime brought about by theft or
loss of critical data. Data compliance helps you develop a security-conscious work ow.

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