Organizations are expected to comply with a complex and ever evolving web of government policies, industry standards, and regional regulations, and cope with the increasing cost of potential non-compliance such as fines and non-compliant listings

Data risk management is how organization identify, assess, and mitigate data-associated risks. This includes potential threats related to data security, compliance risks, data privacy, and business risks associated with improper data handling. Managing critical data risks aims to maintain data integrity, accuracy, and accessibility unauthorized access. This prevents data breaches and ensures compliance with both organizational policies and regulatory requirements.