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Mature Privacy Program by Trust Arc Holds the Potential to meet your Privacy Requirements?

By CIOReview | Thursday, August 22, 2019
Chris Babel, CEO

Chris Babel, CEO

TrustArc has introduced its vital part Data Inventory Hub, which has the potential to simplify privacy compliance for CCPA and GDPR along with other regulations by managing data privacy, compliance threat, and many more.

FREMONT, CA: TrustArc is a solution provider that handles privacy compliances for the California Consumer Privacy Act (CCPA), General Data Protection Regulation (GDPR), and other global privacy requirements. Recently, TrustArc has revealed that Data Inventory Hub transforms the process of creating and handling data flow maps and a centralized data inventory. Data Inventory Hub helps enterprises understand how the client and employee data is being used and where it is located within the organization ecosystem, thus helping them in tackling privacy and compliance risks for GDPR, CCPA, Brazil LGPD, and other world regulations.

The requirements of both GDPR and CCPA drive the organizations to depend on a comprehensive data inventory to support threat management, data subject access requests (DSAR), and compliance reporting. A recent survey conducted by IAPP/TrustArc gives details about the top two planned privacy technologies being purchased are data inventory and mapping and data discovery equipment. 

TrustArc was featured in CIOReview as one of the 20 Most Promising Compliance Technology Solution Providers—2017. “As a trusted partner, we are committed to powering smarter privacy, by reducing the complexity in compliance and risk management, and empowering privacy professionals with the resources they need,” says Chris Babel, CEO of TrustArc.

The benefit of being part of the TrustArc Platform is that the Data Inventory Hub integrates privacy expertise developed over innumerable client engagement with proven technology and unifications with market-leading data discovery tools to offer streamlined and user-friendly solutions. The solutions allow the companies to identify and utilize inventory data conveniently, create visual data flow maps, generate compliance report, assist DSAR/consumer rights requests, sustain audit trails, and much more.

Some of the Core Privacy Management Functions streamlined by Data Inventory Hub are:

Ø Automated Data Flow Mapping: This involves involuntary generation of data flow maps to visually detect where the employee and client data reside along with the moving of data through the organization ecosystem.

Ø Comprehensive Data Inventory: It builds and handles a centralized and comprehensive data inventory of IT systems. It also helps in the affiliation of third parties (vendors) and enterprises across the enterprise.

Ø On-Demand Reporting of Compliance: It involves creating reports of GDPR Article 30 as well as documentation to assist CCPA to look back and other internal compliance needs.

Ø Actionable Program Management: It provides access to a dashboard with privacy KPIs, Privacy Profile regulatory analysis, and regulatory news feed.

Data Inventory combines with Data Discovery Solutions.

Data inventory Hub can collaborate with other IT systems, involving data discovery solutions, in order to streamline metadata input and usage of present data inventory information for powering privacy program processes and controls.