Data governance
DataData governance refers to the set of policies, processes, and practices used to ensure that an organization's data is accurate, secure, and used properly. It involves managing data availability, usability, integrity, and security in compliance with regulatory requirements and organizational standards. Data governance ensures that data is consistently and correctly handled across an organization, which helps in maintaining data quality, protecting sensitive information, and ensuring that data can be trusted for decision-making.
Key components of data governance include:
Data quality management: Ensuring data is accurate, complete, and consistent.
Data security: Protecting data from unauthorized access or breaches.
Data privacy: Ensuring data handling complies with laws like GDPR or HIPAA.
Data stewardship: Assigning roles and responsibilities for managing data assets.
Compliance: Ensuring data usage follows industry regulations and internal policies.
A strong data governance framework improves decision-making, reduces risks, and ensures that data can be leveraged efficiently for business operations and analytics.