Information Governance is the strategy organisations are deploying to proactively manage information risk. This strategy requires the systematic integration of people, process, and technology to effectively identify and protect the organisation’s most critical information, while simultaneously eliminating information that contains no value.
This strategy is achieved through a multi-faceted approach of gaining visibility, taking action, and assuming control over information. Successful execution of these steps will remove organisational barriers to information decision-making.
33% of all data stored is classified as Redundant, Obsolete, or Trivial (ROT).
52% is Dark Data whose value is unknown.
The first stage of an Information Governance strategy requires gaining insight into your organisation’s information ecosystem. Critical intelligence regarding your information’s age, location, and ownership provide the roadmap for effective information decision-making. Understanding the risk profile of your information allows your organisation to shift from the “store everything” mentality to a value-focused perspective.
Once organisations have visibility into their information footprint, they must take action. Ultimately, the choice is between retention, protection, and deletion. By leveraging critical insights into the value of their information, organisations can assign classifications, deploy policies, and initiate cleanup.
Information Governance does not occur overnight. Rather, it evolves from a systematic approach that brings together the right people, process, and technology. By assembling the appropriate stakeholders to develop sustainable policies, organisations will ensure successful governance initiatives outlast individual projects.
Additionally, technologies that integrate and automate will drastically reduce the manual effort required to manage the Governance workflow and improve the organisations ability to mitigate information risk.
Successful information governance brings together the right people, processes, and technology to develop a sustainable strategy.
The Databerg Report: See what others don’t. Identify the value, risk and costs of your data. A new and largely ignored set of risks are threatening our organisations. The effects of today’s exploding data volumes have gone overlooked by most business leaders. We all need to pay close attention because the data deluge is not only set to continue but to rapidly accelerate, with important consequences for organisations whose behaviour is stuck in the pre-Databerg Age.
The Data Genomics Project is an initiative designed to change the way we think about managing data. Veritas founded the initiative to bring a community of like-minded data scientists, industry experts, and thought leaders together with the purpose of better understanding the true nature of the unstructured data that we are creating, storing, and managing on a daily basis. Our first contribution to the project is this inaugural benchmark report on real storage environments’ composition—the Data Genomics Index.
You could be forgiven for thinking that as the cost per TB of cloud storage gets cheaper, that it would be ok to let your data stores continue to grow. You might think it wise to keep hold of it “just in case” it one day becomes useful. However, the storage costs and risks of a potential data breach often outweigh the benefits of keeping hold of this data. According to the Veritas Global Databerg Report, just 15% of the average company’s data is business-critical, a third is redundant, obsolete or trivial and another 52% is unclassified (dark) data. This leaves a huge amount of data that could – and should – be erased.
Evaluate your risk by analysing a sample folder of your organisation’s file content. Your file content will be securely uploaded and deleted immediately after analysis.
Information Governance: From Chaos to Clarity
Intelligent Data Management for better governance, compliance and accountability
Challenges for Customers - Jason Tooley - Veritas Technologies