For any business, the ultimate goal of collecting data must be
to inform some decision-making process. Anything less would beg the
question, "why bother?" But racing headlong towards the
goal of "data-informed decisions," without considering
the preceding steps, can lead to a misinformed decision-making
process in which there is a great deal of confidence simply because
it is "based on data."
Compliance data is unique in the breadth and depth of its impact
relative to other data residing in your organization. Regulatory
action and enforcement over non-compliance, negative social media
exposure and insider threats are all unfavorable outcomes that can
originate from any number of avenues – many of which are
compliance-related at their core.
