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Managing data to reduce business risk

Posted by Nicky Hawkins on Apr 29, 2019 3:17:30 PM

How To Improve Your Risk Management Strategy

The GDPR has moved data and its management up the to-do list of every organisation. It’s not just the threat of fines and the reputational impact of a data breach, but the realisation that good data governance and high-quality data is crucial to the success of many business transformation and change initiatives.

As a business leader, you’ll recognise that data is both an asset and a risk. IDC estimates that by 2025 the world will create and replicate 163 ZettaBytes of data! That’s a tenfold increase on data processed in 2016.

With the increase in data volume and complexity, coupled with the potential fines under GDPR when data is mishandled, leading businesses are making herculean efforts to manage their data before the situation becomes potentially more challenging and chaotic. However, many businesses simply cannot afford the number of staff required to fulfill the manual processes necessary to stay on top of their data as it is now, let alone as it grows. That is until now…

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Guide To GDPR Compliance Best Practice - Long CTA

Topics: GDPR/Data compliance, Risk Management

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