Download free excel template for Risk Register of Data Risk, data privacy risk and information privacy. This template is useful for data protection officers, IT risk managers, IT Risk Professionals, Chief Information Officers (CIO) and business leaders. This is a free to download and easy to use template. Data risk register helps in keeping track of all potential risks related to Informational technology or operational technology and stay risk ready !
About Data Privacy Risk Register Excel Template
Risk management involves a continuous process comprising of identifying risk in the information technology area, analyzing it, evaluate scenarios, and treat loss exposures and monitor risk control and financial resources to mitigate the adverse effects of loss.
You can update the following information in this risk register excel template for data privacy and data risk;
- Risk ID to keep track on the number of risks identified and considered as a part of risk management.
- Risk description helps to update the brief summary of the risk so that anyone can understand the underlying risk statement.
- Impact description captures what will happen if risk is not mitigated or eliminated ?
- Reoccurance helps to understand if the risk is ongoing or one time. Also, depending upon the geography, industry nature, company size – this will vary for any type of risk.
- Before control assessment of likelihood, probability level and priority level (P*I) helps to understand how the risks are trending and what is the overall assessed priority level.
- Control measures that already exist in the process of the corporate or business that can address the risk.
- Documentation helps to highlight the key documents and SOPs that helps to understand the overall risk and control measures.
- Owners are risk champions who are responsible for mitigation strategy.
- Target closing date is a date defined by Enterprise risk management team for closure of risk mitigation.
- Status and date closed are updated as the mitigation plan moves ahead.
You can add more fields and columns in this template. This template helps you in getting started.
Download and use Data Protection Risk Register Excel template
To use this free excel data Risk Register template, you should have Microsoft Office/ Microsoft Excel installed in your system.
Once extracted, you can open the file using Excel and start entering data or customizing the template.