David Fatscher, ICT Sector Development Manager, British Standards Institute
“Information can have great value as an organisational asset but can be a toxic liability if not handled properly” (Richard Thomas, UK Information Commissioner, 2008)
Advances in new technologies make it easier for organisations to collect greater amounts of data (especially personal data) and deliver more targetted services, but these same advances also raise concerns, not least about the ability of organisations to manage effectively such unprecedented volumes. These are challenges which can only be met by effective information governance.
Information governance is fast being recognized as a critical component of corporate governance and is about more than just ensuring data is secure. Data must also be collected, stored, retrieved, shared and destroyed in ways that enable an organisation to meet its objectives and customers’ needs, while still meeting legal obligations under data protection. With supply-chains becoming ever more complex, when organisations want reassurance that those with whom they do business operate to a common framework of information governance, standards are increasingly the accepted ‘lingua-franca’.