Data governance, Information security strategy

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DATA GOVERNANCE

description

 

Transcript of Data governance, Information security strategy

  • 1. DATA GOVERNANCE

2. Definition

  • Refers to the exercise of decision making and authority of data related matters.
  • It is not a hardware/software/manpower solution.
  • It mainly brings together cross functional teams to identify data issues that affect the company as a whole.
  • Requires communication between business and IT.

3.

  • In simple words, data is one of the most important intangible assets of an organisation.
  • If lost, it becomes irreplaceable
  • Information Week study found that the average companys data volumes nearly double every 12 to 18 months
  • According to the latest statistics, data breaches in 2008 increased 47% from 2007.

4.

  • Imagine a situation where you lose all your data due to a virus attack .
  • Imagine the loss of reputation of your company due to data loss
  • These potential disasters necessitate the inclusion of Data governance

5. Data Experts

  • Data Owner
  • Data Steward
  • Data Architect
  • Data Modeler
  • Data Analyst

6. The Beginning

  • Data gov. gained importance since Sept 9/11 attacks.
  • The Enron fraud scandal of Nov 2001 along with Worldcom & other fraudulent accounting practices, led to a number of governmental regulations and requirements.
  • These new rules mandated financial reporting of public companies and required auditing firms to be objective & independent of their clients.

7. Initial Struggles

  • Data gov. has been around for quite some time, but without its present terms.
  • Companies tried to align & formulate data policies around cross-functional databases in 1970s, but to no avail
  • Premature abandonment of attempts at data gov., along with a disillusioned viewing of data governance only as data resulted in its failure.

8. Reasons for its Initial Failure

  • Lack of data stewards result in their unlikeness to single handedly carry out a data governance effort.
  • Data gov. councils simply fade away start with a bang & end with a whimper
  • Executive involvement recedes soon.
  • Enlisting people before proper definition of processes & outcomes of governance.

9. Organizational Challenges

  • Vague authority and accountability
  • Ineffective planning
  • Poor expectations management
  • Unclear or ineffective communications
  • Absence of decision-making protocols
  • Lack of perceived value

10. When does the need arise for DG?

  • When the organisation gets too large
  • When the organisation gets too complicated
  • When the Data Architects and other related groups need a cross-functional program to support them
  • When Regulation, contractual or compliance requirements call for formal Data gov.

11. Goals of a Data Gov Program

  • Ensure transparency of process
  • Protect needs of stakeholders
  • Reduce Operational friction
  • Reduce Costs & Increase Effectiveness
  • Enable better decision making
  • Train management & staff
  • Build standard, repeatable processes

12. Principles

  • Integrity
  • Transparency
  • Auditability
  • Accountability
  • Stewardship
  • Checks & Balances
  • Standardization
  • Change Management

13. Focus Areas of Data Gov

  • Data governance with a focus on:
  • Policy, Standards & Strategy
  • Data Quality
  • Privacy, Compliance & Security
  • Architecture Integration & Analysis
  • Data Warehouse & BI
  • Management Alignment

14. Data Governance Process 15. Benefits..

  • Improved business-IT alignment
  • Balanced decision-making and authority
  • Consistent and open processes
  • Value realization

16. New Best Practices In Data Gov.

  • Begin with a Key initiative get buy in from executives for critical data governance support
  • Make the (better-qualified) Data steward the Change agent
  • Data governance & data Management are bi-directional

17. Contd.. 4. Change the influencers, not the leaders. Also, the chair is not the executive sponsor 5. Manage the Data Lifecycle & Maintian transparency 6. Engage the Right Vendors can help streamline data governance policies better. 18. Case Study 1 - World Health & Relief Organization

  • Collects data from its own efforts and conditions from 98 countries
  • WHRO realised structuring the data needed
  • WHRO built a KM system based on MS Sharepoint
  • System had strong ROI

19.

  • Expected to generate tens of millions of dollars and man-hours
  • Promise of actionable & shareable information on the health and economic conditions of the worlds poor
  • Challenge was to make experts, field workers, stakeholders to agree to these standards.
  • (according to the Data Governance Institute)

20. References

  • http://www.datagovernance.com/
  • http://www.datagovernancematters.com/
  • http://datagovernanceblog.com/
  • Data Governance Conference Europe, 2009
  • Data Governance Annual Conference, 2009

21. Contd.

  • Moseley, Marty Keys to Data Governance Success: Teamwork and an Iterative Approach, Information Systems Control Journal, 2008.
  • Dyche, Jill A Data Governance Manifesto: Designing & Deploying Sustainable Data Governance, 2007.

22. Vasanthi Nagappan