Importance of data governance for companies highlighted during Cybersecurity Awareness Month

From Nasdaq Corporation

October 7, 2024 9:30:00 AM:

In October, Cybersecurity Awareness Month highlights the importance of data governance for companies. Enterprise Data Governance must align with cybersecurity efforts to quickly identify sensitive data, establish protection policies, and determine data ownership during cyber incidents.

To implement effective data governance, companies must prioritize protection protocols for key data assets based on sensitivity, ownership, and policies. Corporate-wide data literacy efforts should be established to ensure organizational buy-in and compliance at all levels.

In the next decade, data governance will evolve with advancements in AI automating labor-intensive tasks like data classification and duplication management. Data governance organizations will take on more responsibility in AI governance, including ethical use and establishing guardrails.

Read more at Nasdaq: Mainnet Musings and Keeping Data Secure