As part of good corporate governance to manage risk, the privacy framework should be part of a robust
overall information governance framework to manage all information and data throughout an organisation.
Does your data breach response plan and privacy ecosystem align with a
unified information governance framework to ensure the value of information throughout the organisation is maximised and risks and costs of holding information are minimised?
A well -
executed Information Governance framework and program, with appropriate leadership should deliver effective security and control of data and information by minimising risks and reducing costs of holding information and maximising the value of information held by the organisation.
Harmonize existing records and information management policies and practices into global information governance frameworks
Millican's
Information Governance framework, leveraging SharePoint for improved productivity, control and data analytics.
monitor effectiveness of
the information governance framework, and all information strategy, policy and architecture documents
reviewing current privacy and
information governance frameworks and assessing whether they are aligned to achieving organisational objectives and meeting best practice standards in information management, including data and privacy protection;
The benefits of
an Information Governance framework enable an organisation to take a strategic approach to both maximise the value of information derived from data analytics as well as minimise the risks arising from the costs of legal and regulatory privacy compliance, costs arising from data breaches and / or responding to regulators, as well as costs arising from loss of reputation, particularly where there is a breach of trust with consumers.
Overall,
an Information Governance framework and program will provide businesses with the information they need to make informed decisions, protecting their critical and vital information systems.
We asked 33 in - house compliance leaders: How can organizations create
an information governance framework that protects data while staying adaptive to the rapidly evolving business landscape?
Under
an information governance framework, control over information supports regulatory compliance, risk management and business value generation.