Software & Technology

The critical areas to consider when performing a data inventory or developing a data map.

June 3, 2022

Do you know your data?

Well-drafted software-as-a-service (SaaS) agreements require a company to know their data. Knowing your data helps mitigate risk and provide business partners with needed flexibility to manage the changing technology landscape. Here are the critical areas to consider when performing a data inventory or developing a data map, which will help your company’s contracting process.

Public Data

› Information publicly released
› Data of no intrinsic value
› Routine data of a nonsensitive nature

 

Trading Partner Data

› Information received with contractual restrictions
› Non-sensitive customer information

 

Operational Data

› Information routinely used in the operation of the company
› Value chain assets
› Product/service information

 

Regulated Data

› Non-sensitive consumer information
› Non-sensitive employee information
› Other personal information
› Payment card information

 

Sensitive Data

› Strategic information
› Health information
› Bet the company type information
› Other highly sensitive personal information

 

 

June 3, 2022

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