What aspect of data governance addresses compliance with laws and regulations?

The aspect of data governance that addresses compliance with laws and regulations is encapsulated in Data Policy Management. This area focuses on the creation, implementation, and enforcement of policies that govern how data is managed, ensuring that organizations comply with various legal and regulatory requirements. This includes ensuring adherence to data privacy laws (such as GDPR or HIPAA), industry standards, and internal governance policies.

Data Policy Management is critical for protecting organizations against potential legal issues and regulatory penalties, which can arise from non-compliance. By establishing clear policies, organizations clarify the responsibilities and roles of individuals involved in data governance, thereby fostering accountability and transparency in how data is handled.

Other areas, while important, have different focuses. For instance, Data Quality Management emphasizes maintaining the integrity, accuracy, and consistency of data, which is crucial for overall data reliability but does not specifically focus on legal compliance. Data Stewardship involves the management of data assets and ensuring that data governance policies are followed, but again, it does not itself create compliance mechanisms. Data Lifecycle Management pertains to managing data through its various stages of creation, use, and disposal, and while it has implications for compliance, it does not directly address the formulation of compliance policies.