Compliance At Scale: Overcoming Legal Barriers To Data Democratization

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COMPLIANCE AT SCALE : OVERCOMING LEGAL BARRIERS TO DATA DEMOCRATIZATION

  • Stephen Brown, Alvin Tan
  • Published: 27 October 2022

 

As organizations’ digitization journeys progress, their growth strategies, decision making and operational optimization programmes are becoming more data-driven – and that data is becoming more centralized and co-located. However, this conflicts with the regulatory trend (notably in relation to data privacy and protection) towards a minimization of data access and sharing.

The inherent complexities of large, multinational, and multi-line enterprises mean that such organizations face common challenges when managing and accelerating access to data to meet the business’ growing data demands while also remaining compliant with approved data practices.

This paper explores those challenges and looks at how organizations might achieve effective compliance while also avoiding the significant scaling-up of resources or the creation of burdensome control processes that typically result from data privacy and protection implementations.