In episode 72 of the Cybersecurity Minute, Frank Domizio talks about data governance strategies for small- and medium-sized businesses (SMBs).
This episode is sponsored by Acceleration Economy’s Digital CIO Summit, taking place April 4-6. Register for the free event here. Tune in to the event to hear from CIO practitioners discuss their modernization and growth strategies.
Highlights
00:13 — Frank would like to apply data governance strategies to SMBs.
01:01 — By establishing data governance processes, organizations can guarantee the quality, consistency, and accuracy of their data, which optimizes performance. It’s also important to remember that data security and privacy are increasingly important concerns for customers.
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01:56 — There are some practical steps that organizations can take to implement data governance. First, they can develop a clear data governance strategy that outlines goals, objectives, and scope.
02:14 — They can engage key stakeholders to ensure collaboration and buy-in across their organization to define data governance policies and procedures that align with industry best practices while keeping in mind relevant legal and regulatory requirements.
02:42 — Data governance does not have to be expensive. Leverage affordable and user-friendly tools and technologies to automate and streamline data management. Select tools that can scale and are compatible with existing infrastructure. Open-source and cloud-based solutions can be particularly cost-effective for small businesses.
02:43 — Lastly, educate employees on data governance principles, policies, and procedures. Foster a data-aware culture within your organization by offering ongoing training opportunities.
03:27 — Implementing data governance can seem like a daunting task but with the right strategy, team, and tools in place, businesses can reap the benefits and secure a successful future.
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