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.

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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

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