OneTrust
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OneTrust Privacy Automation is a comprehensive platform designed to streamline and enhance privacy management processes within organizations. By leveraging artificial intelligence (AI and automation, it enables businesses to efficiently comply with global data privacy regulations, reduce regulatory risks, and promote the responsible use of data across their operations. The platform offers a unified solution for managing various privacy tasks, thereby improving productivity and accelerating time-to-value. Key Features and Functionality: - Regulatory Compliance: Operationalize all privacy use cases within a single platform, utilizing intelligence from over 2,000 trusted experts to reduce regulatory risk by up to 75%. - AI-Powered Automation: Automate time-consuming tasks such as data subject requests (DSRs, privacy impact assessments (PIAs, and data mapping, leading to productivity improvements of up to 75%. - Data Mapping and Inventory: Centrally map data flows, business processes, and regulatory contexts to automate workflows, enforce policies, and manage risks effectively. - Privacy Risk Assessments: Conduct privacy risk assessments and mitigation workflows with AI-assisted tools that capture business context, proactively identify risks, and streamline mitigation efforts. - Vendor Privacy Risk Management: Centralize vendor inventories and utilize AI-driven assessments to streamline vendor onboarding, saving time and costs while mitigating risks. - Incident Management: Identify and manage privacy incidents, capture data to understand impact and root causes, and receive automated guidance on notification requirements. Primary Value and Problem Solved: OneTrust Privacy Automation addresses the complexities of managing privacy compliance in an increasingly regulated environment. By automating and integrating various privacy operations, it reduces the manual effort required, minimizes human error, and ensures that organizations can efficiently meet compliance requirements. This not only mitigates regulatory risks but also fosters trust with customers and stakeholders by demonstrating a commitment to responsible data handling practices.
OneTrust's Tech Risk & Compliance solution is a comprehensive platform designed to automate and streamline governance, risk, and compliance processes across organizations. It offers tools to manage complex regulations, assess and mitigate risks, and ensure continuous compliance across multiple frameworks. Key Features and Functionality: - Compliance Automation: Simplifies complex regulations into actionable tasks, integrating with existing processes for continuous compliance. - IT Risk Management: Maps, measures, and addresses IT risks in real-time, enabling organizations to scale their risk management programs effectively. - Third-Party Management: Streamlines vendor lifecycle management through automated onboarding, risk assessments, and continuous monitoring, ensuring third-party compliance. - User Access Control: Provides role-based access controls, allowing only authorized users to utilize various parts of the software, enhancing security and compliance. Primary Value and User Solutions: OneTrust's Tech Risk & Compliance solution addresses the challenges organizations face in managing complex regulatory requirements and mitigating risks. By automating GRC processes, it reduces manual tasks, enhances risk visibility, and ensures scalable compliance across multiple frameworks. This leads to improved efficiency, cost-effectiveness, and a strengthened security posture, enabling organizations to operate with confidence in an increasingly regulated environment.
OneTrust Consent & Preferences is a comprehensive solution designed to streamline consent and preference management, ensuring consumer transparency and compliance with global privacy regulations. By centralizing the collection and management of user consents and preferences, organizations can build trust and demonstrate accountability in their data practices. Key Features and Functionality: - Consent Management Platform: Facilitates the collection, storage, and management of user consents across various channels, ensuring compliance with regulations like GDPR and CCPA. - Preference Management: Allows users to specify their communication preferences, enhancing personalized engagement and reducing opt-out rates. - Privacy Automation: Automates privacy workflows, enabling responsible data use throughout its lifecycle. - AI Governance: Embeds compliance and control across the AI lifecycle, ensuring ethical AI deployment. - Third-Party Management: Automates third-party management from intake and risk assessment to mitigation and reporting. - Tech Risk & Compliance: Scales resources and optimizes the risk and compliance lifecycle. - Data Use Governance: Enables data use with real-time policy enforcement for AI-ready data. Primary Value and User Solutions: OneTrust Consent & Preferences empowers organizations to build and demonstrate trust by providing a transparent and user-centric approach to data privacy. By automating consent and preference management, businesses can ensure compliance with evolving privacy laws, reduce operational risks, and enhance customer relationships through personalized and respectful data practices. This solution addresses the challenges of managing user consents across multiple platforms, ensuring that organizations can effectively honor user choices and maintain regulatory compliance.
OneTrust Third-Party Risk Management is a comprehensive solution designed to automate and streamline the entire third-party lifecycle, encompassing onboarding, assessment, risk mitigation, reporting, monitoring, and offboarding. By centralizing third-party data and automating risk assessments, organizations can effectively manage vendor relationships, reduce potential risks, and ensure compliance with regulatory standards. Key Features and Functionality: - Centralized Third-Party Inventory: Aggregate and manage all third-party details within a single, editable profile, providing a unified view of vendor relationships. - Automated Risk Assessments: Utilize out-of-the-box templates or customize assessments to evaluate third-party risks efficiently, ensuring relevant questions are addressed based on vendor responses. - Continuous Monitoring: Implement real-time monitoring of third-party performance, with automated alerts and workflows triggered by detected risks or vulnerabilities. - Risk Mitigation Workflows: Access built-in control frameworks and automated mitigation recommendations to address identified risks promptly. - Compliance Reporting: Generate detailed reports and maintain records to demonstrate compliance with regulatory requirements, facilitating audits and stakeholder communication. Primary Value and Problem Solved: OneTrust Third-Party Risk Management addresses the complexities associated with managing third-party relationships by providing a centralized platform that automates risk assessments and monitoring processes. This solution enhances operational efficiency, reduces reputational and regulatory risks, and fosters trusted partnerships with vendors. By streamlining the third-party management lifecycle, organizations can focus on their core business objectives while ensuring robust risk management practices are in place.
OneTrust Data & AI Governance is a comprehensive platform designed to help organizations responsibly develop and manage data and artificial intelligence products. It integrates data and AI policies, providing full visibility into data products and AI development by consolidating insights from data, metadata, models, and risk assessments. Key Features and Functionality: - AI Project Management: Standardized intake mechanisms, project management integrations, and AI/ML scanning capabilities streamline the initiation and oversight of AI projects. - Risk Assessment and Compliance: Aligns AI initiatives with global laws, standards, and organizational policies, supporting risk-based decision-making and conformity assessments for regulations like the European AI Act. - Centralized Control: Offers a secure, centralized platform for AI governance, detecting unauthorized AI usage and monitoring AI/ML technologies to ensure compliance and security. - Stakeholder Collaboration: Facilitates cross-functional alignment and collaboration among AI governance committees, streamlining decision-making processes. Primary Value and Problem Solved: OneTrust Data & AI Governance addresses the challenges organizations face in managing the privacy, ethical, and societal risks associated with AI. By providing tools for risk assessment, compliance, and transparency, it enables organizations to embed data ethics, privacy, and security practices into their AI initiatives. This ensures responsible AI adoption, accelerates AI deployment, and builds stakeholder trust by demonstrating adherence to global standards and regulations.
OneTrust Reviews
SONIA G.
Assistant Manager at yes bankPowerful Automation, But Setup Challenges
Sahana R.
Powerful Compliance Tool, But a Steep Learning Curve
Parbat S.
Effortless Risk Tracking with Powerful Automation
About
What is OneTrust?
OneTrust is a leading privacy, security, and data governance software provider that helps organizations manage compliance with global regulations and standards. Their platform offers solutions for privacy management, risk management, data governance, and third-party risk management, empowering businesses to build trust with customers and protect sensitive information. With a focus on automation and user-friendly tools, OneTrust supports organizations in navigating complex regulatory landscapes and enhancing their overall data protection strategies. For more information, visit their website at [onetrust.com](https://www.onetrust.com).
