The General Data Protection Regulation deadline could be a useful catalyst for getting data life cycle management back under control.
Third-party providers can't be used for storing and distributing certain corporate information.
Strategy and not product should drive the deluge of company data.
A mishmash of regulations and toothless guidelines keeps governance and compliance low on the local agenda.
Local corporate governance and compliance would benefit greatly from some legal power like Sarbanes-Oxley in the US.
Adherence to good governance practices in SA is a reaction to legal and environmental pressures, says Amir Lubashevsky, director of Magix Integration.
Compliance is a hot topic, with SA's Insider Trading Act making provision for a R2 million fine or 10 years in jail, says Allen Smith, MD of Continuity SA.
Despite being so mission-critical, IT lacks governance maturity, says Barry Bernstein, IT portfolio management expert at Compuware SA.
IT governance takes the co-operation of IT and business, and while it is universally agreed that IT governance should leverage and enable business decisions and processes, it is clear that one size does not fit all.
Suitable business processes and IT controls are needed to meet corporate governance requirements, says Eric Jorgensen, continent director at Micromuse.