What is the significance of a data governance framework? 🔊
A data governance framework is vital for ensuring the quality, integrity, and security of data within an organization. It establishes the policies and standards for managing data assets, thereby helping organizations comply with regulatory and legal requirements. By implementing a robust framework, businesses can monitor data accessibility, usage, and quality, reducing risks associated with data breaches and mismanagement. Furthermore, it enhances decision-making processes by ensuring that accurate and reliable data is available to stakeholders. Overall, a sound data governance framework is essential for maintaining organizational trust and accountability.
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