The Importance of Reliability of Data Protection
The security of data is the degree to which data collected by a business are accurate, reliable and constant. Data from a business’s must be reliable to be useful for analysis and making decisions.
To ensure data reliability, businesses should establish and adhere to strict quality control procedures. These can include data validation checks along with standard formats and rigorous data cleansing procedures. The expertise and experience of data collectors is crucial, since a well-trained team is more likely to adhere to the best practices and create reliable data. A secure data storage capability and a technology infrastructure that is current can also help prevent errors which could impact the reliability of data.
Utilizing inaccurate or inconsistent data can cause serious problems both internally and externally. For example, if a company’s database shows that a customer has $1000 on their account but they only have only $100 due to an error in the data, this can lead to sanctions and even loss of trust. Similarly, inaccurate sensor data from manufacturing equipment could result in recalls and defects to products.
Validity and dependability could be related, but they are two different concepts. Validity is about ensuring that the data you have is accurate. For example an inventory of customers email addresses that are not unique or that contain duplicate entries means that the list isn’t reliable and can’t be relied upon to send marketing emails.
Reliability refers to the consistency and accuracy of that data over time – for instance, if you’ve got two lists of customer email addresses from different sources that are identical, but slightly different, you can’t make use of them to target a specific marketing campaign as they won’t be effective or reach the wrong people. Because of this, it is important to keep complete records of the methods used to collect and alter data, to maintain transparency and integrity of information.
www.digitaldataroom.net/ma-science-academy-advantages-and-disadvantages/