2.4 Risk-Value Analysis of Your Data Processing
Grab your data mapping from the beginning of this session and open the following file of the Risk-Value analysis and, if you can, print it, otherwise just use it on your computer. Answer the questions for each data type in your data mapping or for the overall project.
Today we looked at risk as the potential of losing something valuable, losing data, losing privacy, and reputational damage. To assess how important data is, how great the risks are and how much effort you are willing to put in potential mitigation, we started with a data mapping exercise and continued with a risk-value mapping. Tools used to help you ‘calculate’ the different risks, their impact and likelihood versus the effort you are willing to take protect yourself against these risks. Next session we will build on this with a privacy impact assessment.