A Privacy Assessment is a requirement for all data controllers under the General Data Protection Regulation (GDPR). It is a requirement to carry out a privacy impact assessment before processing personal data.
A privacy impact assessment is an analytical process that helps organizations determine how they will comply with their obligations under the GDPR. It consists of two stages:
The first stage is a qualitative analysis of the intended processing activities. This includes how personal data will be used, collected, and processed; who will have access to it; and what risks are posed by the processing activities.
The second stage is a quantitative analysis of the impact on individuals’ fundamental rights and freedoms, such as the right to privacy and freedom of expression. This includes analyzing potential risks associated with processing personal data (such as identity theft or fraud) as well as any legal obligations that may apply (such as data retention). In addition, you must assess whether an adequate level of protection can be provided by means other than consent (such as anonymization).