What is a data inventory
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Documenting Data Processing: Importance and Guidelines
Understanding Documentation Requirements
Factors Affecting Documentation: The need for formal documentation depends on organisational size, data volume, and type of data processed.
Comprehensive Recording: Documenting all processed data is essential for transparency and compliance.
Benefits of Data Inventory
Valuable Exercise: Despite not being mandatory for smaller organisations, creating a data inventory proves highly beneficial.
Identification of Processing: The inventory aids in identifying all processing activities and the corresponding data held.
Facilitating Policy Review: Helps significantly during privacy policy reviews by providing necessary compliance information.
Components of a Data Inventory
Inclusive Data: The content of a data inventory varies based on processing activities and data types.
- Data Source: Identify where the data originates, e.g., individuals or employers.
- Data Categories: Categorise the data subjects, such as employees, customers, or suppliers.
- Data Types: Specify the types of personal data processed, like contact information or financial records.
- Purpose of Processing: Define the purpose, such as supplying goods, payroll, or marketing.
- Lawful Basis: Document the legal basis for processing, whether contract, consent, or legitimate interest.
- Sensitive Data: Indicate if the data includes special category/sensitive personal data.
- Data Volume: Record the volume of data processed.
- Retention Period: Specify the duration for which the data is retained.
- Third-Party Recipients: List any third parties receiving the data.
- Data Transfer Safeguards: Ensure appropriate safeguards for data transfer.
- Individual Rights: Detail the rights available to individuals, such as access, rectification, or erasure.
Accessing an Example Inventory
An example data inventory template is available for download on the homepage.