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IT Governance refers to the collection of practices and processes established to manage and oversee technology, network security, and data privacy within an organization. It outlines the roles and responsibilities for decision-making, establishes policies, and ensures compliance with regulations and standards related to these areas. By implementing effective IT governance, organizations can align their technology investments and initiatives with business goals, mitigate risks associated with data breaches and cyber attacks, and protect sensitive information from unauthorized access and use. Overall, IT governance plays a critical role in ensuring that an organization's technology infrastructure supports its mission, vision, and values while minimizing potential legal, financial, and reputational risks.