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ISO/IEC 38505-1:2017 adopts six core principles to guide the governance of data:

The standard identifies six primary principles that governing bodies must apply to their data assets:

Clearly defines who is responsible for data stewardship within the organization. Accessing the ISO 38505 PDF

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Data acquisition (whether through internal creation, customer inputs, or third-party purchases) must be validated. The standard ensures organizations acquire data ethically, legally, and cost-effectively, keeping a balance between cost and utility. 4. Performance

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The standard applies to any organization—public or private, large or small—across all industries. ISO/IEC 38505-1:2017 adopts six core principles to guide

Following the guidelines in , this component automates the labeling of data based on three critical factors:

: Focusing on data quality, timeliness, and context to ensure it is fit for purpose.

Data policies must respect and account for human behavior, including the capabilities, limitations, and needs of the people using the data. This involves establishing data literacy programs and fostering an organizational culture that values data integrity. The EDM Model: Evaluate, Direct, Monitor If you share with third parties, their policies apply

It introduces the , which examines data across six key lifecycle domains: Collect, Store, Report, Decide, Distribute, and Dispose . For each domain, the standard provides a checklist of considerations based on Value, Risk, and Constraints , helping leadership evaluate the impact of their data decisions. This is the essential starting point for anyone looking to build a formal data governance program.

is a set of standards that provides guidelines for the governance of data . It applies the foundational principles of ISO/IEC 38500 (Corporate Governance of IT) specifically to the lifecycle, usage, and management of data within an organization.