Data Integrity Risk

Data Integrity Risk refers to the possibility that data may be inaccurate, incomplete, or altered improperly, which can lead to erroneous conclusions or decisions. In Technology Risk Management, this risk is crucial because businesses rely on accurate data for operations, reporting, and strategic planning. Factors such as human error, cyber attacks, or system malfunctions can compromise data integrity. Ensuring that data remains reliable and trustworthy is essential for maintaining operational efficiency, protecting against financial loss, and complying with regulations. Effective measures, including audits and access controls, help mitigate these risks.