Information Governance

Information governance, for the most part, relates to the maintenance of quality data.

In our diversified and dynamic world, data is growing at an exponential rate. So, the data governance issues  also becomes pretty serious if steps are not taken immediately. 

It does highlight key aspects of data governance and compliance within the context of the General Data Protection Regulation (GDPR), which is relevant to digital transformation initiatives.

Core principles for information governance: There are several core principles that organizations must adhere to when collecting and processing personal data, including:

-Fairness and Transparency: Organizations must be transparent and ensure their data practices are easily understood.

-Purpose: Data collection and processing must have legitimate purposes.

-Data Minimization The scope of data collected should be limited to what is necessary.

-Storage Limitation: Data should only be retained as long as required.

-Data Accuracy: Inaccurate data must be corrected or erased.

-Data Integrity and Privacy: Data must be protected at all times.

-Accountability: Organizations must demonstrate proof of compliance.

Information governance, for the most part, relates to the maintenance of quality data. In order to provide meaningful and insightful reporting or business intelligence, data governance is essential. You are not able to understand the performance of your company or measure it without good quality data, and data governance ensures that you can get your hands on it.

Posted in: GRC,Information/Data Management