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Information governance, or IG, is the overall strategy for information at an organization. Information governance balances the risk that information presents with the value that information provides. Information governance helps with legal compliance, operational transparency, and reducing expenditures associated with legal discovery. An ...
Domain specific GRC vendors understand the cyclical connection between governance, risk and compliance within a particular area of governance. For example, within financial processing — that a risk will either relate to the absence of a control (need to update governance) and/or the lack of adherence to (or poor quality of) an existing control.
Information technology governance is a subset discipline of corporate governance, focused on information technology (IT) and its performance and risk management.The interest in IT governance is due to the ongoing need within organizations to focus value creation efforts on an organization's strategic objectives and to better manage the performance of those responsible for creating this value ...
Information governance issues and considerations are integrated into business decisions on a routine basis, and the organization easily meets its legal and regulatory requirements. Organizations that identify primarily with these descriptions should begin to consider the business benefits of information availability in transforming their ...
"Sarbanes-Oxley Spending in 2004 More Than Expected: Spending for section 404 compliance averaged $4.4 million in 2004, a survey finds." InformationWeek March 22, 2005. "The Impact of Sarbanes-Oxley on IT and Corporate Governance." serena.com 12 May. 2005; Five Steps to Success for Spreadsheet Compliance. Compliance Week, July 2006.
Information assurance (IA) is the practice of assuring information and managing risks related to the use, processing, storage, and transmission of information. Information assurance includes protection of the integrity , availability, authenticity, non-repudiation and confidentiality of user data. [ 1 ]