Data Classification and ISO 8000-51 Data Quality Kit (Publication Date: 2024/02)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • How to automate data retention periods on the personal data your organization holds?
  • Do your organizations policies address access to data based on a data classification scheme?
  • Have you implemented quarterly or biannual reviews of your data classification?


  • Key Features:


    • Comprehensive set of 1583 prioritized Data Classification requirements.
    • Extensive coverage of 118 Data Classification topic scopes.
    • In-depth analysis of 118 Data Classification step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 118 Data Classification case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Metadata Management, Data Quality Tool Benefits, QMS Effectiveness, Data Quality Audit, Data Governance Committee Structure, Data Quality Tool Evaluation, Data Quality Tool Training, Closing Meeting, Data Quality Monitoring Tools, Big Data Governance, Error Detection, Systems Review, Right to freedom of association, Data Quality Tool Support, Data Protection Guidelines, Data Quality Improvement, Data Quality Reporting, Data Quality Tool Maintenance, Data Quality Scorecard, Big Data Security, Data Governance Policy Development, Big Data Quality, Dynamic Workloads, Data Quality Validation, Data Quality Tool Implementation, Change And Release Management, Data Governance Strategy, Master Data, Data Quality Framework Evaluation, Data Protection, Data Classification, Data Standardisation, Data Currency, Data Cleansing Software, Quality Control, Data Relevancy, Data Governance Audit, Data Completeness, Data Standards, Data Quality Rules, Big Data, Metadata Standardization, Data Cleansing, Feedback Methods, , Data Quality Management System, Data Profiling, Data Quality Assessment, Data Governance Maturity Assessment, Data Quality Culture, Data Governance Framework, Data Quality Education, Data Governance Policy Implementation, Risk Assessment, Data Quality Tool Integration, Data Security Policy, Data Governance Responsibilities, Data Governance Maturity, Management Systems, Data Quality Dashboard, System Standards, Data Validation, Big Data Processing, Data Governance Framework Evaluation, Data Governance Policies, Data Quality Processes, Reference Data, Data Quality Tool Selection, Big Data Analytics, Data Quality Certification, Big Data Integration, Data Governance Processes, Data Security Practices, Data Consistency, Big Data Privacy, Data Quality Assessment Tools, Data Governance Assessment, Accident Prevention, Data Integrity, Data Verification, Ethical Sourcing, Data Quality Monitoring, Data Modelling, Data Governance Committee, Data Reliability, Data Quality Measurement Tools, Data Quality Plan, Data Management, Big Data Management, Data Auditing, Master Data Management, Data Quality Metrics, Data Security, Human Rights Violations, Data Quality Framework, Data Quality Strategy, Data Quality Framework Implementation, Data Accuracy, Quality management, Non Conforming Material, Data Governance Roles, Classification Changes, Big Data Storage, Data Quality Training, Health And Safety Regulations, Quality Criteria, Data Compliance, Data Quality Cleansing, Data Governance, Data Analytics, Data Governance Process Improvement, Data Quality Documentation, Data Governance Framework Implementation, Data Quality Standards, Data Cleansing Tools, Data Quality Awareness, Data Privacy, Data Quality Measurement




    Data Classification Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Data Classification


    Data classification is the process of organizing data based on their sensitivity or importance, allowing for automated retention periods to be set for personal data.


    1. Implementing automated data classification tools: These tools can automatically classify data based on predefined criteria, ensuring correct retention periods are applied.

    2. Define clear data retention policies: Clearly define how long personal data should be kept and regularly review and update these policies to stay compliant.

    3. Utilize data mapping: Map the movement of personal data throughout the organization to better understand where it is stored and for how long.

    4. Establish a data governance framework: Having a well-defined data governance framework in place can help ensure that personal data is managed effectively and in line with regulations.

    5. Encryption and anonymization: Encrypting and/or anonymizing personal data can help mitigate the risk of data breaches and limit the amount of personal data that needs to be retained.

    6. Data minimization: Only collect and retain the necessary personal data. This can help reduce the amount of data to be managed and provide better control over retention periods.

    7. Regular data audits: Conduct regular audits to identify outdated or unnecessary personal data and ensure proper retention periods are being applied.

    8. Use data archiving: Archiving data that is no longer actively used can help free up storage space and make it easier to manage data retention and deletion policies.

    9. Leverage data management software: Utilize data management software to help automate the process of applying retention periods to personal data.

    10. Train employees: Provide training to employees on data retention policies and procedures to ensure they understand their role in maintaining data quality and compliance.


    CONTROL QUESTION: How to automate data retention periods on the personal data the organization holds?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    By 2031, our organization will have implemented a fully automated system for data classification that accurately and efficiently determines the appropriate retention periods for all personal data stored within our systems. This system will utilize advanced machine learning algorithms to continuously scan and analyze our data, taking into account various factors such as data source, purpose, and sensitivity.

    The automation process will drastically reduce the burden on our employees and ensure compliance with all relevant data privacy laws and regulations. It will also minimize the risk of human error and increase the security and protection of personal data.

    Furthermore, through the implementation of this system, our organization will become a leader in data governance and privacy, setting an industry standard for automating data classification. We will also be able to provide our customers with greater transparency and control over their personal data, building trust and strengthening our reputation in the market.

    Ultimately, our strategic goal of automating data retention periods for personal data will not only streamline our internal processes and reduce costs, but it will also demonstrate our commitment to protecting the privacy of individuals and serving as a responsible and ethical data steward.

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    Data Classification Case Study/Use Case example - How to use:




    Case Study: Automating Data Retention Periods for Personal Data in an Organization

    Synopsis:
    The client, a multinational organization with operations in various countries, was facing challenges in handling and storing personal data of their customers, employees, and partners. The company had accumulated a large amount of personal data over the years, making it difficult to manage and track the retention periods. This was not only causing compliance and legal concerns but also increasing the risk of data breaches. The client sought a solution to automate the process of data retention periods and ensure compliance with data protection regulations.

    Consulting Methodology:
    To address the client′s challenges, our consulting team employed a systematic and data-driven approach that involved the following steps:

    1. Understanding the current data retention processes: The first step was to gain a thorough understanding of the client′s existing data retention practices. This included identifying the types of personal data collected, the sources of data, how and where it was stored, and the current retention periods for each type of data.

    2. Conducting a data classification exercise: Our team performed a data classification exercise to categorize the personal data based on its level of sensitivity, legal requirements, and business needs. This helped in identifying the data that needed to be retained for compliance purposes and the data that could be deleted after a certain period.

    3. Mapping data retention requirements: Once the data was classified, the next step was to map out the specific regulatory and legal requirements for retaining personal data in each country where the company operated. This involved researching data protection laws, industry standards, and best practices.

    4. Developing a data retention policy: Based on the data classification and retention requirements, our team worked with the client to develop a comprehensive data retention policy. This policy outlined the processes, guidelines, and timelines for retaining personal data and was tailored to meet the specific needs of the different countries.

    5. Selecting a data retention tool: To automate the data retention process, a suitable data retention tool was identified and selected based on the client′s needs and budget. This tool would assist in setting and tracking retention periods, managing access controls, and providing an audit trail for compliance purposes.

    6. Implementing the tool and training: The data retention tool was integrated with the client′s existing systems and processes. Our team provided training to key stakeholders within the organization on how to use the tool effectively and ensure compliance with the data retention policy.

    Deliverables:
    1. Data classification report: This included a detailed analysis of the types of personal data collected by the organization, their sensitivity level, and recommended retention periods.

    2. Data retention policy: A comprehensive document outlining the retention requirements, processes, and guidelines for storing personal data.

    3. Data retention tool implementation: The selected data retention tool was integrated with the client′s systems and trained key personnel on its usage.

    4. Training materials: Our team provided training materials and conducted workshops for employees and stakeholders on the data retention policy and tool.

    Implementation Challenges:
    One of the major challenges encountered during this project was the lack of a centralized data management system. The client′s personal data was scattered across various systems and databases, making it difficult to identify and classify all the data accurately. This also made it challenging to implement the data retention tool and ensure consistency in data retention practices across the organization.

    Another challenge was the varying regulatory requirements in different countries, which had to be taken into consideration while developing the data retention policy. Additionally, there was resistance from some employees who were used to retaining all data indefinitely without considering its relevance or legal requirements.

    KPIs:
    1. Compliance Rate: To measure the effectiveness of the automated data retention process, compliance rate was tracked, which is the percentage of personal data that was being stored and deleted according to the defined retention periods.

    2. Reduction in data storage costs: With the implementation of the data retention tool, the organization was able to reduce the amount of personal data being stored, which led to cost savings in data storage.

    3. Time-saving: An important KPI was the time saved by automating the data retention process. This helped employees redirect their focus on more valuable tasks, resulting in increased productivity.

    Management Considerations:
    Managing and securing personal data is a crucial aspect for any organization, and it requires continuous monitoring and updating. The client must ensure that the data retention policy and tool are regularly reviewed and updated to comply with changing regulations and industry standards. Compliance training for employees and regular audits should also be conducted to prevent any lapses in the data retention process.

    Citations:
    1. Data Classification – A Key Pillar of Data Management by Deloitte.
    2. Effective Strategies for Managing Personal Data Retention Periods by McKinsey & Company.
    3. Automating Data Retention: Top Challenges and Best Practices by Gartner.
    4. Managing Personal Data: Compliance with Global Regulations by PwC.

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