GRC

8 Data Governance Challenges

8 Data Governance Challenges That Can Derail Your Business Success

As cloud-based solutions multiply, so do the complexities of managing sensitive information. From regulatory compliance to data security, SaaS companies face a minefield of governance issues that lead to breaches, costly fines, and operational inefficiencies.  This article cuts through the noise and identifies eight critical data governance challenges. But that’s not all; we’re pitching impactful…
Sep 12, 2024
5 Best Governance, Risk, and Compliance (GRC) Training Course

5 Best Governance, Risk, and Compliance (GRC) Training Course

In 2023, the Ponemon Institute studied 500+ organizations to understand the cost components of mitigating a data breach. Two of the biggest cost amplifiers were security skill shortages and non-compliance with regulations. This is a lesson for modern organizations that don’t take security and compliance seriously. When you don’t prioritize it, you eventually pay the…
Sep 12, 2024
Operational Risk Management

Operational Risk Management: Is Your Business Sitting on a Landmine of Risks?

Be it the Stone Age or the Digital Age, the stakes have always remained high. The only difference is that back then, we fought to save our lives; now, we fight to save our data. From headline-grabbing data breaches to the quiet erosion of efficiency through manual and outdated processes, operational risks are often silent…
Aug 23, 2024
Understanding Data Governance: Its Importance and Impact on Business

What is data governance and how to implement it?

“Data is the new oil.”  Organizations have been pushed to introduce data governance policies because of digital transformation initiatives and the increase in big data. The sheer volume of data that is generated as organizations take advantage of Internet of Things technologies is staggering. According to Cisco, the daily data production amounts to about 402.74…
Aug 23, 2024

Benefits of GRC – Why Siloed Approach No Longer Works

Scaling a business feels like navigating a maze. Increasing regulatory scrutiny, audit fatigue, third-party diligence, poorly designed workflows, and rapidly advancing technologies have forced businesses to constantly firefight as challenges get thrown their way.  Without a map, navigating the business maze is confusing and complex, capable of overwhelming even the most seasoned folk. One wrong…
Aug 22, 2024
Governance roles and responsibilities

Complete Guide To Data Governance Roles And Responsibilities

Organizations must comply with various regulations and standards governing data usage, such as GDPR, HIPAA, and others. This is why you need to understand the roles and responsibilities in data governance to help ensure compliance. No one puts the definition of data governance more aptly than Mike Ferguson, Intelligent Business Strategies –  “Data governance is…
Jul 23, 2024