Data Handling Policy and Its Advantages
Data has become a critical asset for organizations, central to driving innovation, operational efficiency, and growth. However, the value of data also brings significant responsibilities. Recent reports, including one from Gartner, predict that by 2025, 75% of the global population’s personal data will be covered by new privacy regulations, emphasizing the need for robust data handling policies. As data volumes grow, driven by technologies like AI and IoT, responsible data management is essential to mitigate risks and maintain trust. An effective data handling policy not only guarantees compliance with legal standards but also prepares organizations for continued success in a world where information is increasingly central to operations. What is a Data Handling Policy? A data handling policy comprises a set of guidelines and procedures that an organization adheres to for managing, protecting, and responsibly utilizing data. It specifies the methods for collecting, storing, accessing, sharing, and disposing of data to maintain its integrity, confidentiality, and availability. Essentially, a data handling policy serves as a roadmap, guiding organizations through the intricate aspects of data management and ensuring compliance with legal obligations and ethical principles. View More: Data Handling Policy & Its Advantages