Privacy risk Impact assessment for Startups using free resources
- Sakthi T
- Apr 23, 2023
- 1 min read
In an era of digital disruption, no matter of firm size being small medium or large, its essential to understand what PII (Personally Identifiable Information) is getting collected, stored, used and disposed across Information management lifecycle, the data on customers, vendors, employees and prospects. It may not be affordable or rather time consuming to run a sophisticated #Privacy program for #startups to demonstrate fair information management practices. However, it is a must to assess privacy risks by conducting #PIA (Privacy Impact Assessment) as a minimum necessary action. PIA as a tool helps companies assess and decide areas to focus on data management and helps bridge gaps with statutory requirements. Perhaps, having a PIA done for Startups and small/medium sized firms becomes quite useful when getting scaled up or ending up in mergers and acquisitions. Showing evidence of PIA helps increase confidence levels on Data management practices during regulatory interventions too. There are various bodies across the world offering free resources in the form of guidelines, templates, checklists and procedures for someone to conduct PIA. Below are some of the key resources which can be used by startups to self access data practices and improve upon. From CNIL - French independent administrative authority has PIA template https://www.cnil.fr/en/privacy-impact-assessment-pia From ICO - UK’s independent body to uphold information rights https://ico.org.uk/for-organisations/guide-to-data-protection/guide-to-the-general-data-protection-regulation-gdpr/accountability-and-governance/data-protection-impact-assessments/ From European Union’s GDPR https://gdpr.eu/data-protection-impact-assessment-template/ From USA’s Department of Homeland Security https://www.dhs.gov/publication/privacy-impact-assessment-guidance From Dubai International Finance Centre https://www.difc.ae/application/files/1816/6183/9259/Sample_AA_and_Risk_Matrix_2.pdf Have you come across any such free / public resources on PIA too?