What is Information Governance AKA InfoGov

What is Information Governance?

Data and information makes up the lifeblood of every business. Data is a valuable business asset and managing corporate information by implementing processes, roles, controls and metrics holistically is essentially information governance.

The goal of governing information is to make sure that all information is available to those that need it. Streamlining management, reducing costs and ensuring compliance should always be top of mind when it comes to reducing legal risk associated with unmanaged or inconsistent information.

In recent years, information governance has become the top priority of many corporations, large and small. With the amount of data breaches and new regulations across the globe, developing, implementing and managing an information governance program ensure that its processes and procedures are integrated throughout the company. The purpose is to ensure that the employees that have your data can be trusted, yet easily access it to make well-informed business decisions.

What does an information Governance framework look like?

A framework helps to clearly define information governance process and goals. Look at it like an outline to formally create a plan. Typically all frameworks outline the who, what, where, why, and how of company information:

  • What is this information?
  • When was this information created or processed?
  • Where is the information stored?
  • Who has access to this information?
  • Why is this information being retained?
  • How is this information being stored and protected?

Although all frameworks are tailored to the each company’s unique needs they should define the following areas:

  • Scope
  • Roles and Responsibilities
  • Policies and procedures
  • Internal and external data management
  • Disaster recovery and business continuity
  • Continuous monitoring

Information governance looks at all information, regardless of its format. No industry in the modern economy is untouched by the transformation of information driven by technology. Staying compliant isn’t an option anymore.

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