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Volume 27, Issue 3

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August 13, 2013

ISACA White Paper: Five Key Questions to Improve Big Data Governance

ROLLING MEADOWS, Ill. – Big data—dubbed “the new oil” by the World Economic Forum—can improve decision making, reduce time to market and increase profits. But it can also raise significant risk, ranging from disastrous data breaches to privacy and compliance concerns. To help enterprises retain control of their massive and fast-changing information, ISACA has issued new guidance available freely at www.isaca.org/privacy-and-big-data. Privacy and Big Data: An ISACA White Paper outlines critical governance and assurance considerations as well as key questions that must be answered.

“CIOs are often under pressure from the board and senior leadership to implement big data before proper risk management and controls are in place, in order to compete in the marketplace,” said Richard Chew, CISA, CISM, CGEIT, a developer of the ISACA paper and senior information security analyst at Emerald Management Group. “Big data provides an important opportunity to deliver value from information, but an enterprise will be more successful in the long run if policies and frameworks such as COBIT are put into place first.”