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Data Governance: The Superhero Your Data Didn’t Know It Needed

  • Data Governance is a set of policies, roles, and processes that ensure data accuracy, security, and proper management throughout its lifecycle.
  • Data Governance consists of three key components: policies and standards, data stewards and governance committees, and security and compliance teams.
  • Data Governance is important because it prevents bad decision-making based on flawed data, helps maintain compliance with data privacy laws, protects against security breaches and data leaks, and reduces time wasted searching for data.
  • To implement Data Governance, organizations should establish ownership of data, define data policies and standards, leverage technology tools, and continuously monitor and improve the governance processes.

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