Who has overall responsibility for governance and protection of data?

Prepare for the CIMA Managing Finance in a Digital World (E1) Exam. Use multiple choice questions and study aids to enhance your knowledge. Get exam-ready with our insights and tips!

Multiple Choice

Who has overall responsibility for governance and protection of data?

Explanation:
Ownership of data governance and protection lies with the Chief Data Officer because this role is responsible for designing and enforcing the enterprise-wide framework that covers data quality, metadata, data stewardship, privacy, and security across all data assets. The CDO leads governance bodies, sets policies and standards, and ensures data is accurate, properly protected, and compliant with regulations. The data strategy outlines the direction for using data but does not own governance authority. The IT department handles the technology and operations to support data systems, not the overarching policy and control framework. The compliance team watches regulatory risk, but governance ownership requires a cross-functional role that the CDO provides to coordinate and enforce the data governance framework.

Ownership of data governance and protection lies with the Chief Data Officer because this role is responsible for designing and enforcing the enterprise-wide framework that covers data quality, metadata, data stewardship, privacy, and security across all data assets. The CDO leads governance bodies, sets policies and standards, and ensures data is accurate, properly protected, and compliant with regulations. The data strategy outlines the direction for using data but does not own governance authority. The IT department handles the technology and operations to support data systems, not the overarching policy and control framework. The compliance team watches regulatory risk, but governance ownership requires a cross-functional role that the CDO provides to coordinate and enforce the data governance framework.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy