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Importance Of Data Governance In Ensuring Data Privacy With the rise of data economy, data professionals are needed more than ever. learn the fundamentals of data privacy & enterprise risk management with udacity. The learning objectives of a data governance fundamentals course include: understanding the importance of data governance in organizations and the challenges it poses. developing knowledge of the key components of data governance such as data stewardship, data management, data quality, and data privacy. gaining an understanding of data governance frameworks, best practices, and principles.