Governance, Risk and Compliance: Consider it an Asset

IDC US VP of storage and Big Data, Benjamin Woo says data governance, risk and compliance (GRC) need to be viewed by IT managers as a business asset, not just something for the law firm to deal with. Speaking at the Implementing Information Infrastructure Symposium, Woo suggested an understanding of GRC is necessary by CIOs and IT managers because it enables an organization to work everyday, reports CIO.

"'In 10 years we are going to grow that data amount 44 times to 35 zettabytes by 2020 and almost 50 per cent of new data generated will be in the Cloud within 10 years, which means someone else is going to be touching your information along the way,' Woo said.

"'This is not about a scare tactic and frightening you into buying security products. The good thing is that only 30 per cent of the data generated is in corporations but there will still be 10 zettabytes to take care of and it will mean a huge impact on the world.'"

Read the Full "IIIS: Data governance, risk and compliance" Story at CIO

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