Data Governance White Paper

    Data Governance White Paper
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        Executive Summary As the collection and use of personal information in digital form become increasingly prevalent, widely publicized security and data breaches and growing public concerns about identity theft threaten to curtail the growth of online commerce and services. Governments and organizations that fall short in effectively managing and protecting users’ personal information face considerable risks—including damage to their reputation, penalties and sanctions, lost market share and needless expense. Fortunately, research shows that effective “data governance” can significantly reduce data breaches—the accidental exposure or outright theft of personal information—while also lowering costs and increasing organizational efficiency and competitiveness. Data governance is the application of policies and processes designed to extract the maximum value of data held within an organization while also managing risks, enhancing privacy protection and ensuring that compliance requirements are met. A holistic approach to data governance begins with an understanding of the information life cycle—the collection, updating, processing and eventual deletion of personal information—and the adoption of a technology framework that enables governments and organizations to set controls which safeguard individuals’ privacy. To encourage businesses and organizations to take a holistic approach to data governance, governments can set an example by embracing these principles and practices themselves. Governments can also help protect citizens by working with industry to adopt effective standards and policies on data retention, reduce the risk to users’ privacy that comes with unneeded and long-term storage of personal information, and take appropriate action when breaches do occur. Comprehensive data breach notification legislation is another important step that can help keep citizens informed of serious risks to their online identity and financial information as well as strengthen consumer confidence in online commerce and services.
    • Supported Operating System

      Windows 7, Windows Vista, Windows XP

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