Data and records are two converging information assets that share governance goals driven by statutes, regulations, and policies. Aptly named, Data Governance and Records Management share the joint interests of preservation, retrievability/accessibility, integrity, security, and quality of data and records respectively.
Furthermore, Data Governance and Records Management are responsible for documenting within their policy frameworks:
- Where data/records are stored
- How data/records are being accessed and by whom
- The sensitivity of data/records
- How to manage data/records throughout their lifecycle
- How long must data/records be retained