A new independent data governance industry association, Data Governance Australia (DGA) was launched this month to establish best practice industry standards and benchmarks around the collection, use and management of data in Australia.
The new non-for-profit association will be chaired by Club Melbourne Ambassador, Professor Graeme Samuel AC, former ACCC Chair and currently a professor at Monash Business School.
DGA will provide education, thought leadership and advocacy services to its members to promote and foster understanding of how data can be used responsibly to drive innovation and competitive advantage whilst complying with all regulatory requirements.
Professor Samuel said: "Advances in data technology and capabilities have transformed the way that Australian businesses use, store and manage data over the last decade. Used effectively and managed responsibly, data can drive innovation, revenue growth and customer experience. However, in a world of almost infinite data storage and use, it is incumbent upon all sectors of industry to ensure that stringent self-regulation and best-practice is applied to retain consumer confidence and avoid heavy-handed federal regulation.”
For more information on DGA, visit: datagovernanceaus.com.au