Importance of Information Governance & Implementation in Banking Industry
$ 38.5
Description
Information Governance (IG) is very important to maintain in any public, and private organization which helps in regulating the data in a central location as well as defining single source of truth. Fundamental of Information Governance covers a broad range of topics such as, accountability, transparency, integrity, protection, compliance, availability, retention, privacy and security, storing data in databases, etc. Significance of IG is to make enable organizations available with right data they can trust, access, and use for decision making. When it comes to Banking, security, privacy, data encryption, cyber threats are very important topics to be addressed as it is necessary for all financial institutions to protect their customers information.