DAIR Flashcards
Data Asset Def.
Location where data is physically stored and governed
Data Risk Def.
Exposure to financial and non-financial consequences
Data Risk Governance Docs
- D.R.M. Framework
- D.R.M. Policy
- D.R. Taxonomy
- Data Standards
Data Risk Monitoring & Reporting Types
- Risk Appetite
- Issue monitoring and reporting
- Reporting to Sr. Exec., Board, Regulators
Data Risk Taxonomy Dimensions
- D.R. Awareness
- D.R. Oversight
- D. Usage Risk
- D. Management Risk
- D. Security Risk
D.R. Taxonomy Dimension for incorrect data risk monitoring or governance
D.R. Oversight
D.R. Management Framework: year created
Nov. 2021
D.R. Management Policy: year created
May 2022
RDARR stands for
Risk Data Aggregation and Risk Reporting (program)
DAIR stands for
Data & AI Risk (team)
DAIR mandates
- Independant 2nd LOD
- D.R. Reviews to 1st LOD
- Oversees the RDARR Program
- Risks associated with AI
Differences DRM Framework vs DRM Policy
Foundational principles VS guiding principles
CID&A stands for
Customer Insights, Data & Analytics
CID&A mandate
Brings together data and analytics at an enterprise level
CID&A: D.R. LOD level
1b