Data inventory provides detailed information on a company’s data assets. This information includes the metadata that defines the individual data records and what they contain, who and how the data is accessed, who owns and manages the data, where the data is stored, and how it is accessed. Data inventory should include all the metadata defining the data assets, and can also include a record of all data elements via deep data discovery and classification.
Most organizations do not embark on discovering all their assets simultaneously. Data inventories are typically segmented and driven by corporate initiatives such as privacy, governance, data management, or analytics. Most organizations prioritize creating personal data inventories for their organization to help them understand, remediate, and manage privacy risks and readiness.
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