Data Risk & Controls

Data Risks & Controls

At LED-AI, we understand that identifying and managing data-related risks is crucial for protecting your business and maintaining trust with your stakeholders. Our Data Risks & Controls service is designed to help your organisation identify vulnerabilities, implement effective controls, and ensure business continuity through comprehensive risk management strategies.

The EDM Council’s Data Management Capability Assessment Model (DCAM) is the industry standard framework for managing data risks and controls. It defines the scope of capabilities required to identify, assess, and mitigate data-related risks, ensuring that organisations can protect their data assets and maintain regulatory compliance. This model supports organisations in establishing robust data risk management practices that safeguard sensitive information and ensure business continuity.

Comprehensive Data Risk Management Solutions

Risk Assessments We conduct thorough risk assessments to identify vulnerabilities in your data processes. Our assessments cover various aspects of data management, including data quality, data leakage, data ownership, data exchange, data storage, processing, and dissemination, to ensure that all potential risks are identified and addressed.

Implementing Controls We can advise on how to implement a range of controls to mitigate identified risks and protect your data. Our solutions include:

  • Data Quality: How to implement best practice data quality controls preventing sub-optimal decision making, flaws in business process execution, and decrease of analytical value of data.
  • Data Ownership: How to make sure that ownership of data is properly assigned to prevent slow decision making, allow mandated decisions and control inefficiencies in business process or data exchange.
  • Data Exchange: execute data exchange processes in an efficient and robust manner, thus preventing unauthorised use of data and providing insight in actual effectiveness of the exchange of data.
  • Encryption: How to use advanced encryption techniques to protect your data from unauthorized access and breaches.
  • Data Leakage/ Access Controls: How to establish robust access controls to ensure that only authorized personnel can access sensitive data.
  • Data Masking: How to best implement data masking techniques to protect sensitive information in non-production environments, reducing the risk of data exposure.

Disaster Recovery and Business Continuity Planning We advise on disaster recovery and business continuity planning to ensure that your organisation can quickly recover from data-related incidents. Our strategies include:

  • Disaster Recovery Plans: We help you develop and implement disaster recovery plans that ensure your data can be restored quickly and efficiently in the event of a breach or loss.
  • Business Continuity Plans: We assist in creating business continuity plans that ensure your operations can continue with minimal disruption, even in the face of data-related challenges.

Regulatory Analysis and Compliance As part of our service, we analyse data regulations relevant to your company and determine how to best achieve compliance. This includes:

  • Regulatory Analysis: We stay up-to-date with the latest data regulations and analyse their impact on your business. Our experts ensure that you understand the requirements and implications of these regulations.
  • Compliance Strategies: We develop tailored compliance strategies that align with your business operations. This includes implementing necessary controls and processes to meet regulatory standards.
  • Ongoing Monitoring: We provide ongoing monitoring and support to ensure that your data management practices remain compliant with evolving regulations.

Expert Advisory and Support

Strategic Guidance

  • Risk Management Framework: We help you define a comprehensive risk management framework that aligns with your business goals. Our experts consider data security, compliance, and scalability to ensure your framework is robust and future-proof.
  • Stakeholder Collaboration: We work closely with your stakeholders to establish clear roles and responsibilities for managing data risks, ensuring that everyone understands their part in protecting your data.
  • Compliance Monitoring: Our advisory services include guidance on compliance monitoring, helping you stay up-to-date with regulatory requirements and avoid costly fines.

Tool Selection and Implementation

  • Technology Assessment: We assess your current technology stack and recommend the best tools for managing data risks and controls. Our recommendations are based on thorough evaluations of your business requirements and technical environment.
  • Implementation Support: We provide hands-on support during the implementation of new tools and technologies, ensuring a smooth transition and minimal disruption to your operations.
  • Training and Enablement: Our team offers training and enablement services to ensure your staff is well-equipped to use new risk management tools effectively.

Connect for a tailored Solution to improve your Data Management

Why Choose Us?

Why Choose Us?

Minimizing Data-Related Risks Our data risks and controls capabilities ensure that your data is protected from breaches, loss, and non-compliance. By minimizing these risks, we help you maintain business continuity and protect sensitive information.

Enhanced Decision-Making With reliable and secure data, your organisation can make informed decisions that drive business success. Our risk management solutions ensure that your data is a valuable asset for strategic planning and operational efficiency.

Security and Compliance We prioritize the security and compliance of your data. Our strategies ensure that your data management practices meet regulatory requirements and protect sensitive information from potential threats.

Tailored Solutions Every business is unique, and so are its data risk management needs. We provide customized solutions that address your specific challenges and goals, ensuring that you get the most out of your data risk management investments.

Scalability and Flexibility Our data risk management solutions are designed to grow with your business. Whether you are a small startup or a large enterprise, our services can scale to meet your evolving needs.

Examples of Use Cases

Our clients have experienced significant improvements in their data management processes, leading to better decision-making and enhanced operational efficiency. Here are a few examples:

  • By implementing our data management strategy, our client was able to reduce data processing time and was able to identify golden sources for data usage, resulting in faster decision-making and improved operational efficiency.
  • Our data governance recommendations helped our client achieve compliance with industry regulations, avoiding costly fines and enhancing their reputation.
  • With our tool selection and implementation support, our client successfully selected a new data management platform, improving data accessibility and user satisfaction
  • LED-AI teamed up with a range of internal stakeholders of our client and helped define a corporate strategy for data ethics.
  • LED-AI experts have broad experience in helping clients assess, monitor and enhance the maturity in their capabilities over time. Actionable deliverables and smart developments provided a solid basis for the clients in supporting their business objectives.

Ready to transform your data management capabilities?

Ready to transform your data management capabilities? Contact us today to learn more about how we can help you achieve your data management goals and drive your business success. Let LED-AI be your trusted partner in unlocking the full potential of your data.

LED-AI applies knowledge and expertise of our experts in combination with key professional sources like DAMA-DMBOK, DCAM and multiple actual research inputs. More about this in the All About Data section

Success Stories

Our clients have experienced significant improvements in their data risk management processes, leading to better decision-making and enhanced operational efficiency. Here are a few examples:

Client A

Function / case

By implementing our risk management framework, Client A was able to reduce data breaches by 70%, resulting in enhanced data security and trust.

Client B

Function / case2

Our disaster recovery planning helped Client B quickly recover from a major data loss incident, minimizing downtime and operational disruption.

Client C

Function / case3

With our tool selection and implementation support, Client C successfully transitioned to a new risk management platform, improving data protection and compliance monitoring.

Contact us

We are happy to talk to you without obligation

Contact details

info@led-ai.nl
+31 6 83 64 04 65

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