What are the key regulatory requirements for data governance?
Key regulatory requirements for data governance include GDPR, HIPAA, and CCPA, which focus on data protection and privacy.
Can you explain how GDPR impacts data governance?
GDPR requires organizations to implement strict data protection measures, ensuring user consent and data access rights.
What penalties can organizations face for non-compliance?
Organizations can face hefty fines, up to 4% of annual global turnover or €20 million, whichever is higher.
Are there specific frameworks for implementing these regulations?
Yes, frameworks like COBIT and ISO 27001 provide guidelines for implementing data governance and compliance.
How often should data governance policies be reviewed?
Data governance policies should be reviewed at least annually or whenever there are significant regulatory changes.
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