At its core, data risk management involves identifying, assessing, and mitigating the risks associated with an organization’s data. This includes risks related to data privacy, integrity, availability, and compliance. As companies collect more customer, operational, and transactional data, they must protect that information from breaches, misuse, or regulatory violations.
An effective data risk management framework doesn’t just focus on preventing cyber threats—it also ensures data accuracy, monitors access, and supports governance. This holistic approach allows businesses to make data-driven decisions with confidence, knowing their risk exposure is under control.
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