Data auditing is the process of conducting a data audit to assess how company’s data is fit for given purpose. This involves profiling the data and assessing the impact of poor quality data on the organization’s performance and profits. It can include the determination of the clarity of the data sources and can be applied in the way banks and rating agencies perform due diligence with regard to the treatment of raw data given by firms, particularly the identification of faulty data
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Carrying out regular audits of company financials is standard practice; auditing your business processes for Quality Management is also key – imperative if you are maintaining an ISO qualification.Did you know that auditing your data is equally important, as it is crucial to ensure that your…🔗Data HQ
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Data Audits give organizations a process for ensuring all data is high-quality, and compliant allowing organizations to consistently make informed decisions.🔗Satori
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A data audit is a process used to identify and assess the security risks associated with a business’s sensitive data. Explore why data audits are necessary, and how to do them.🔗cavelo.com
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Unlocking the potential value of data in your organization requires thoughtful data risk management. Have you added a data audit to your plan?🔗wolterskluwer.com