Description: A governance framework for risk management in data governance is a structured set of policies, procedures, and practices designed to identify, assess, and mitigate risks associated with data management within an organization. This framework aims to ensure that data is handled securely and responsibly, aligning with applicable regulations and standards. Data governance involves creating clear roles and responsibilities, as well as implementing controls that ensure data quality, privacy, and security. Additionally, this framework promotes transparency and accountability, allowing organizations to proactively manage risks related to misuse, loss, or exposure of sensitive data. In an environment where the amount of data generated and processed is constantly increasing, data governance becomes essential to protect the integrity of information and maintain the trust of customers and stakeholders. Effective implementation of a governance framework for risk management not only helps prevent security incidents but also facilitates informed and strategic decision-making based on reliable data.
