As companies shift towards digital transformation, they face a variety of challenges such as data proliferation, increased regulatory compliance, and the need for trustworthy data to enable digital journeys. These challenges can lead to new information security risks and difficulties in meeting regulatory requirements. The goal of data governance is to ensure the timely delivery of accurate and relevant information for informed decision making.
A comprehensive data governance solution should have unified data management, collaboration and metrics-driven processes, smart features for data discovery and tagging, and active monitoring and enforcement of policies. Cloudseed offers a data governance framework that addresses these challenges by utilizing custom solutions and tools from vendors such as Informatica and Collibra. This framework can save effort and cost, leverage existing investments, provide a single solution for managing big data and traditional applications, and offer advanced analytics and visualizations.
Data governance encompasses not only data, but also the establishment of clear ownership, business rules, operational needs, tools, and processes for decision making, engagement with stakeholders, and access to business data.
As companies shift towards digital operations, they integrate multiple processes into their business, exposing themselves to new information security threats and facing various organizational challenges as they strive to meet the constantly changing regulatory standards.
In addition to meeting legal mandates, stakeholders expect a higher level of accountability and openness in regards to how a business operates. The growing reliance on external partners in business operations is also a crucial aspect of IT and related risk management for all modern companies. Implementing an efficient Governance, Risk, and Compliance (GRC) program can assist organizations in managing IT and security risks, cutting expenses, and fulfilling compliance standards.
We assist our clients in creating a comprehensive Governance, Risk, and Compliance (GRC) program that addresses their current and future information security needs. We align business requirements with information security policy design, implement strategy-driven risk management, and manage compliance through streamlined processes. We establish a unified control framework, monitor legal and contractual obligations for guaranteed business compliance, and implement scalable GRC automation systems for efficient and prompt communication.