What role does data governance play in regulatory compliance, such as GDPR or HIPAA?
- It ensures data is stored indefinitely
- It has no role in regulatory compliance
- It helps organizations comply with regulations by defining policies and procedures for data management
- It only applies to certain industries
Data governance is essential for regulatory compliance, including GDPR (General Data Protection Regulation) and HIPAA (Health Insurance Portability and Accountability Act). It helps organizations establish and enforce policies, controls, and processes to ensure compliance with regulations related to data privacy, security, and confidentiality.
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