Data Governance
Data is the most important asset for organizations. Adherence to data protections laws is very crucial in this digital world where everything revolves around data. Government regulations such as GDPR ( General Data Protection Regulation) and LGPD in Brazil are used to govern the use of data by organizations. According to Oracle, ‘’Data governance is the specification of decision rights and an accountability framework to encourage desirable behaviour in the valuation, creation, storage, use, archival and deletion of data and information. It incudes the processes, roles, standards, and metrics that ensure the effective and efficient use of data and information in enabling an organization to achieve its goals’’. In simple words, Data governance plays a key role in regulatory compliance, ensuring that organizations use the data in compliance with the regulatory requirement. It is the management of people, process and technologies that involved in the process of creation, usage, and...