We partner mostly with the Chief Risk Officer. As data protection is becoming more and more important, the data classification process is critical as protection is very costly. This is a whole long topic, putting costly controls on unclassified or public data is not a judicious way in spending money. You critical and sensitive data (PII, HIPA, corporate strategies, etc...) should be well controlled and justified. The cost of controls can be very expensive and involves, the business, IT, and legal folks.
Chief Financial Officer is who we partner with the most as everything we do to protect the company has a cost.
We have been partnering more and more with the CISO, CFO and General Council for security and compliance. We have also started getting more and more engaged with the CMO and other C-Suite leadership to build strategic plans that align with the ever-changing business landscape
CFO for me.
Currently we are working with the CDO on a long term project to consolidate and categorize data in conjunction with Artificial Intelligence and Big Data initiatives. Security and cost effective controls is a large area of concern and our strategy on this will be presented to the governance board. The other C-suite executive I constantly work with is the CMO once areas such as Customer Engagement strategies and associated technologies in order to remain ahead in an extremely competitive marketplace.
Data life cycle management is a very important and critical function for most organizations. It is time consuming and costly, but necessary.