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Why is Data Governance implementation so important?

Discover the benefits of effective data management in your organization

25.04.2023
Implementation of Data Governance & Compliance processes is crucial for the organization to minimize the risk of data privacy or security violation and to ensure their correct quality and effectiveness in use.

25.04.2023

Data Governance & Compliance processes - why is it worth implementing them in the organization?

Data Governance & Compliance is an organization's data management process to ensure that data is processed in accordance with specified requirements and standards.

Data Governance is a comprehensive approach to data management that includes establishing policies and procedures for collecting, storing, processing, sharing and deleting data in a lawful manner and in line with the organization's business objectives. Data Governance also defines issues such as data security, data quality and responsibility for data in the organization. Compliance, on the other hand, is ensuring compliance of the organization's activities with applicable legal regulations and industry standards. In the context of data, Compliance concerns ensuring compliance with the provisions on the protection of personal data, such as the GDPR, as well as with ethical principles and principles of good practice in the field of data processing.

All these activities are aimed at ensuring data protection, minimizing the risk of breaching privacy or data security, as well as ensuring transparent and ethical data processing in the organization.

Here are some good practices related to Data Governance & Compliance:

  • Establishing policies and procedures regarding the collection, storage, processing, sharing and deletion of data. All of these activities should comply with legal regulations and industry standards and with the organization's business objectives.
  • Conducting regular audits to verify that data is processed in accordance with policies and procedures and with legal regulations and industry standards.
  • Determining responsibility for data in the organization. Every employee should know what their data protection responsibilities are and who is responsible for the data in the organization.
  • Personal data protection. Access to data should be restricted to those who need it to perform their tasks, and personal data should only be processed where there is a legitimate business purpose and the data subject's expressed consent.
  • Implementing appropriate technical and organizational safeguards to prevent data breaches. For this purpose, use e.g. data encryption, user identity verification, backup and risk management.
  • Adaptation of policies and procedures to changing regulations and industry standards. Any changes should be introduced in the organization together with the education of employees in the field of new requirements.
  • Data protection awareness. Every employee should be aware of the importance of data protection and should receive training on data protection and how to deal with emergencies such as data breaches.
  • Regular data analysis to ensure its quality. Data should be regularly checked for correctness, completeness and up-to-dateness.
  • Implementation of reporting systems to allow you to easily verify that data is processed in accordance with policies and procedures, as well as with legal regulations and industry standards.

Benefits of implementing Data Governance & Compliance

The implementation of Data Governance & Compliance brings many benefits to organizations. First, it increases customer confidence by improving data security and confidentiality. Second, it minimizes the risk of data privacy breaches, which can lead to costly financial and reputational consequences. Thanks to this, organizations are able to manage data more effectively, which translates into greater efficiency and achievement of business goals.

The implementation of Data Governance & Compliance also helps in minimizing the costs associated with data management and makes it easier for organizations to comply with legal regulations regarding data management, which minimizes the risk of financial penalties. Finally, improving the security and confidentiality of data and complying with data privacy regulations contribute to improving the image of the organization among customers and business partners

Data Governance & Compliance is not a single project, but a constantly developed model for managing data, processes and technologies. These are systems for business for comprehensive management of data and related processes and resources, both personal and technological, the purpose of which is to improve the quality and reliability of data. Data Governance & Compliance covers the creation of data, their processing and use throughout the company, which is why IT cooperation with the entire company is so important. The implementation of these processes is crucial for the organization to minimize the risk of data privacy or security breaches and to ensure their correct quality and effectiveness in use.

Why Informatica?

Informatica is a leader in data management and integration software. It offers a comprehensive Data Governance & Compliance solution that allows you to manage data in one place. The platform allows you to control access to data, audit data activities, and create and implement data management policies. The solution is scalable and can be adapted to the needs of organizations of different sizes and structures. Informatica offers tools for data encryption and security, and ensures compliance with data privacy regulations. It also provides professional technical support for its customers, and offers training and certification for users of its software.

It is also worth noting that the solution Informatica is recommended by many experts and has positive user reviews. If you have additional questions, please contact us: biuro@intergalsolutions.pl.

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