Businesses cite “Control”, “Transparency” and “Security” as the biggest reasons preventing them from participating in this digital transformation. However, efficiencies and cost savings are too great to ignore the benefits of the cloud. This lack of control is viewed by many businesses as a risk. The Data Governance framework is designed to solve this problem. Regulations and company policies must be enforceable and this applies to a variety of scenarios. A few them are listed below from our current outreach with customers -

• Financial institutions want to protect sensitive information, and are required to track if sensitive customer information is being exported. 


• Healthcare companies want to prevent any HIPAA data deletions, as they are required by law to retain the data for at least 7 years.


• Organizations working on highly confidential deals are contractually obligated to ensure the clients data privacy. Failure to do so has financial implications.


• Financial institutions running their business on cloud require advance protection on data types like PCI (Credit Cards)


• Enterprise organizations have multiple services that share data, admins from these organization want to know what data is flowing across these services to ensure the compliance of every system.


• New regulations like GDPR, require organizations to be ready to execute requests from their customers like Forget Me. The new idea of Data Governance helps the companies feel in control over their data.

This simple policy based framework to enforce policies and protect any Data Loss will be powered by Common Data Model (CDM) and Services (CDS). Tags: GDPR, PCI, HIPAA, DLP