Section VI: Risk Data Management Flashcards
What are the five primary functions of Data Management?
- Data Access (where to find and retrieve data)
- Data Governance (rules and standards)
- Data Integration (combines data from multiple sources)
- Data Preparation and Capture (internal and external processes)
- Data Quality (ensures data is current, valid, and appropriate)
Big Data differs from traditional data in what 5 ways? (hint: they all start with the letter V)
- Variety (structures and unstructured)
- Value (more analytical value)
- Velocity (speed that data arrives)
- Veracity (completeness and accuracy)
- Volume (enormous amounts of data)
What are the three main benefits to a comprehensive data management program?
- Access
- Decision-making
- Efficiency
What is a Bad Actor?
A malicious individual actively and continually seeking new ways to disrupt computer operations and make cyber threat/engage in cyber espionage.
What are the four threats to Data Management?
- Bad Actors
- Carelessness
- Malware
- Ransomware
Define Risk Management Framework( RMF)
A specific approach to addressing data-related risk issues.
What six essential tasks does an RMF require a company to complete?
- Authorize Data Workflow
- Categorize Data
- Choose Controls
- Evaluate Security Risks
- Implement Response Plan
- Monitor
What are the four things a company should to do develop an effective data security program?
- Effectively define security policies and procedures
- Implement strong password protection
- Manage all user’s access to data
- Utilize secure backup procedures
What are the eight essential recommended practices to improve data security?
- Antivirus Software
- Encryption
- Firewall
- Limit File Sharing
- Off-Site Backup
- Privacy Programs
- Remove Old Files
- Update Software Automatically
What are the four goals of Data Governance?
- Accuracy
- Completeness
- Timeliness
- Validity
What are the five core processes for Data Governance?
- Administer new policies and standards
- Create plans and practices that make communication more effective
- Identify and establish best practices
- Implement monitoring measures and controls
- Manipulate Big Data
What are the four main responsibilities of the Data Governance Committee?
- Create and maintain cross-functional data interactions
- Monitor internal data projects for consistency with corporate strategy
- Minimize conflicts, redundancies, and inefficiencies
- Respond to data-related problems
What are the five main benefits of a Data Governance Committee?
- Coordination of data management in a unified fashion
- Consolidated data requests
- Consistent procedures for managing data
- Superior access to data for the entire organization
What are the four major categories of data governance tools?
- Collaboration (software tools and platforms)
- External (policies and procedures for external data sources)
- Internal (internal policies and procedures)
- Models (integrated view of data used in organization)
What are the six core principles of data quality?
- Accuracy
- Completeness
- Data Lineage
- Reasonability
- Timeliness
- Validity
