One of the responsibilities of data governance is to assess which element?

One of the responsibilities of data governance is to assess which element?

• A. Data storage capacity
• B. Regulatory compliance
• C. IT infrastructure
• D. Industry trends

Answer: (B)

Data governance plays a crucial role in ensuring that an organization manages its data in a structured and compliant manner. One of its primary responsibilities is to assess regulatory compliance. This involves monitoring and enforcing adherence to laws, regulations, and standards that govern data usage, privacy, and security. Regulatory compliance is critical because organizations are often required to comply with various regulations such as GDPR (General Data Protection Regulation), HIPAA (Health Insurance Portability and Accountability Act), and others that dictate how data must be handled, protected, and processed. Effective data governance ensures that the organization not only understands these regulations but also implements the necessary policies and procedures to comply with them, ultimately mitigating the risk of legal penalties or data breaches. While assessing data storage capacity, IT infrastructure, and industry trends can be important aspects of a broader data management strategy, they do not specifically fall under the core responsibilities of data governance in the same way that regulatory compliance does. Data governance's focus on compliance ensures that data management practices align with legal requirements, promoting responsible and ethical use of data within the organization.

Data governance plays a crucial role in ensuring that an organization manages its data in a structured and compliant manner. One of its primary responsibilities is to assess regulatory compliance. This involves monitoring and enforcing adherence to laws, regulations, and standards that govern data usage, privacy, and security.

Regulatory compliance is critical because organizations are often required to comply with various regulations such as GDPR (General Data Protection Regulation), HIPAA (Health Insurance Portability and Accountability Act), and others that dictate how data must be handled, protected, and processed. Effective data governance ensures that the organization not only understands these regulations but also implements the necessary policies and procedures to comply with them, ultimately mitigating the risk of legal penalties or data breaches.

While assessing data storage capacity, IT infrastructure, and industry trends can be important aspects of a broader data management strategy, they do not specifically fall under the core responsibilities of data governance in the same way that regulatory compliance does. Data governance's focus on compliance ensures that data management practices align with legal requirements, promoting responsible and ethical use of data within the organization.