Artificial Intelligence (AI) has penetrated nearly every industry because of its ability to improve business outcomes – from employee productivity to decision-making to customer experience. It’s no surprise that organizations large and small are embracing AI. That being said, starting AI without a strong Data Strategy in place can do more harm than good. Data Strategy refers […]
The Impact of Data Governance in Cybersecurity
Data is a critical asset that supports operations, drives decision-making, and gives businesses a competitive advantage in the marketplace. Unfortunately, today’s data can also be easily targeted by cybercriminals looking to access and tamper with sensitive information. This is why cybersecurity is increasingly becoming a top strategic priority for enterprises of all sizes. As concerns of cyberattacks […]
Empower Your Third Line of Defense for Effective Data Governance
Data Governance practitioners must incorporate all aspects that bind data to the organization. Internal audit, referred to as the third line of defense against risk, should actually be top of mind for implementing effective governance programs. The “Three Lines of Defense” model is an industry-recognized approach to enterprise risk management. The ultimate goal is to […]
Data Management vs. Data Science
The shift in the business perception of data has now catapulted Data Management into new heights. Data Science is a core component of Data Management now, but Data Management and Data Science are often seen as two different activities. Working among data analysts, data engineers, and DBAs, data scientists spend their time getting the data […]
How Records of Processing Activities (ROPA) Can Benefit Your Business
GDPR introduced the Records of Processing Activities (ROPA) requirements to drive better accountability from organizations with their use of personal data. Before GDPR, organizations didn’t track how they used and shared personal data, making data privacy risks impossible to comprehend. Now GDPR mandates that organizations create and maintain essential information about how an organization uses personal data. […]
Data Governance Without Security Leaves Sensitive Data Exposed
“Data Governance” is such an interesting term. As data started becoming more critical to business in the last few years, this idea was introduced to define the business processes necessary to comply with regulatory requirements. But even more recently, heightened regulatory attention with GDPR and CCPA in 2018, persistent PII data breaches, and data centralization across enterprises have created […]
3 Ways Strong Data Governance Practices Can Improve Your Business
Businesses have long struggled to find the balance between compliance and agility. This is especially true when it comes to Data Governance. According to TechTarget, Data Governance is the process of managing the availability, usability, integrity, and security of the data in enterprise systems, based on internal data standards and policies. Effective Data Governance ensures that […]
The Pros and Cons of Synthetic Data
Data has established itself as one of the most important elements in both business and science. With the advent of big data services, companies can get access to previously unattainable advanced analytics, and researchers can find almost any imaginable dataset to draw insights from. However, all this potential is hindered by ever-pressing data privacy regulations. This is why […]
Data as a Product: What We Can Learn from More Established Industries
A concise definition of data product was coined by DJ Patil as “a product that facilitates an end goal through the use of data.” This includes not only pure datasets, both raw and refined, but also products based heavily on algorithms, models, and similar data-intensive workloads. Leaders in data are leaders in business, and treating data as a product is […]
What Are Data Regulations?
Data regulations describe policies and laws ensuring that processed data is shared or governed appropriately, where the right data assets go to the right place at the right time. Data regulation falls under the umbrella of Data Governance. Advances in technology, such as cloud computing, allow individual’s or company’s data to be stored cheaply and […]