Compliance is a journey, and like any journey, it begins with a clear understanding of where you are and where you need to go. This aricle focuses on the crucial process of a compliance readiness assessment. This assessment lays the foundation for your compliance efforts and helps you chart a course that aligns with your budget constraints. In this deep dive, we'll explore the key components of this chapter in detail.
Assessing Your SaaS Product and Data
Before embarking on the path to compliance, it's essential to take stock of your SaaS product and the data you handle. Here's what this assessment entails:
- Identify all types of data your SaaS product collects, stores, and processes.
- Categorize data by sensitivity, as different types may have varying compliance requirements.
- Map the flow of data within your SaaS application.
- Understand how data moves from entry points to storage and processing.
- Determine if you rely on third-party services for data processing or storage.
- Be aware of the compliance practices of these services.
- Clarify who owns the data within your SaaS application.
- Understand the responsibilities and liabilities associated with data ownership.