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Sick of Searching? TrustArc Automates Identifying Applicable Regulations
TrustArc’s introduction of Privacy Profile aims to solve an ongoing problem privacy professionals have: identifying all applicable regulations.
With an influx of new privacy and security regulations (over 50 global laws in the last 12 months) TrustArc aims to reduce the time and effort businesses spend identifying applicable privacy and security regulations.
Intelligent automation uses critical company information such as:
- The location of customers and employees
- Other relevant business details
The output: A summary report and interactive mapping of your business’s applicable laws.
There has been an increase in privacy management solutions launching products that help organizations reduce the amount of required regulatory and compliance research. Tracking and reporting on new regulations, developments, and trends is tedious for privacy professionals. Top-tier privacy management solutions aim to solve this problem for their clients.
We’ll continue to monitor the uptick in solutions offering “Regulatory and Compliance Research Management” as differentiating a feature and begin formalizing this reporting in the future.
Source: SoftwareReviews, Report Published July 21, 2019
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