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Governing and Securing Data Through the Lifecycle for Banks and FIs

Financial institutions have invested significant resources to manage their data assets. Many have made impressive progress, but there is still work to be done as technology and data usage accelerates in a digital world.

Data is vulnerable at each stage of the data life cycle. The complexity of data management and risk of security and privacy breaches increase with each new data source, each new individual helping to manage data, or an external data provider not adequately vetted.

On 10 November 2022, two speakers from PwC Singapore namely, Jayme Metcalfe, Partner, Digital Solutions and Ronald Chung, Partner, Digital Solutions gave a talk about “Governing and Securing Data Through the Lifecycle for Banks and FIs”. The focus of the webinar was on how organisations should manage their technology and data risks in the age of digital transformation and evolution. For FIs to effectively manage their data assets, it is important to create a risk-based, proactive, and collaborative approach to managing data across the data life cycle. Ultimately, data should work for - not against – you!