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Nymity Benchmarks gets Enhanced with New Content and Advanced Functionalities

By CIOReview | Thursday, March 31, 2016

FREMONT, CA: Nymity, a global research company with specialization in providing risk, compliance and accountability solutions for the privacy office introduced the new Nymity Benchmarks with advanced content and functionalities. Nymity Benchmarks implements the privacy management activities dependent structured approach that enables the firm to find the status of their privacy management program.

Nymity Benchmarks also provides the necessary data to the users to collate with other companies on grounds of the region, size and industry. The report can be utilized for recognizing the loopholes within a program, development of the business cases, and inspection and reduction of the risks. Nymity is continually updating and adding new functionalities to their solutions to accomplish the aim as a privacy office support. The company is continuously working on the enhancement of their solutions with latest features, responding to the new requirements.

"The latest enhancements to Nymity Benchmarks allow for more robust and detailed reporting capabilities such as communicating the status of privacy management for specific compliance obligations such as the GDPR or showing how the organization compares to others of the same size or in similar industries or regions," comments Teresa Troester-Falk, Chief Global Privacy Strategist, Nymity.

The latest Nymity Benchmarks are updated with latest privacy management and accountability framework that includes activities regarding collecting and using personal data, codes of conduct and other ethical guidelines. It is also incorporated with Comparison Filters to assist users in comparing their privacy management with their counterparts. Nymity made a new enhancement of Status and Comparison Dashboard to deliver the end-users an easy and factual dashboard that can be used for status management, and understanding and reporting the loopholes in privacy management.

The functionality of Push Reports is also enhanced for easy reporting of the privacy management activities to the company management. It is also updated with an add-on named as General Data Protection Regulation (GDPR) that governs the organizations in the collection, processing, storing and transfer of personal data.