OneTrust introduces latest data management solutions during TrustWeek 2024
OneTrust Unveils New Platform Features at TrustWeek 2024 Conference in Austin to Aid Businesses in Data Management and Security
OneTrust Unveils Groundbreaking Data Management Features at TrustWeek 2024 Conference
At the TrustWeek 2024 conference in Austin, OneTrust, a leading provider of trust intelligence solutions, made waves with the announcement of new platform features aimed at revolutionizing data management for businesses. The innovative capabilities are designed to empower organizations to efficiently manage, secure, and ethically utilize data, providing them with the tools needed to navigate the intricate regulatory landscape and mitigate risks effectively.
Blake Brannon, Chief Product and Strategy Officer at OneTrust, emphasized the critical importance of responsible data management in today’s data-centric era. He stated, “To thrive in this data-driven world, organizations must have a solid foundation to discover, secure, and ethically use data across the entire enterprise.” Brannon highlighted that the new platform features introduced by OneTrust will enable companies to maintain compliance, mitigate risks, and continue to innovate rapidly in the age of AI and data consumption.
One of the key offerings unveiled by OneTrust is the Data Discovery feature, which enhances the ability to uncover potential security and compliance issues. The upgraded Data Classification Engine supports both structured and unstructured data, offering over 300 pre-configured classifiers for improved accuracy. Additionally, the introduction of AWS Automated Deployment simplifies the provisioning and management of Data Discovery on AWS infrastructure, significantly reducing deployment time.
The enhanced Data Policy Engine now automatically identifies data security and compliance postures, flagging violations based on data discovery scans. This provides organizations with visibility into data risks that need to be addressed. The Duplicate File Detection feature helps identify redundant data, improving security posture and potentially reducing cloud storage costs.
OneTrust’s advancements in AI Governance aim to facilitate the governance of AI use while maintaining the pace of innovation. The new AI Inventory Graph and Enhanced Data Graph provide visualizations of AI system components, helping users understand dependencies. Enhanced AI Governance Automation Rules allow users to customize workflow rules without developer intervention, while an in-app AI Regulatory Research dashboard offers real-time updates on AI regulations and laws.
The company has also enhanced its Cookie Consent feature with an improved Website Scanning Engine, which surfaces all website trackers to aid in compliance risk mitigation and reduce customer scan times. AI-assisted Cookie Identification and Categorization streamline the manual categorization process, enhancing efficiency.
In the realm of IT and Security Risk Management, OneTrust has introduced Dynamic Risk Workflows to reduce manual review time and enforce better data hygiene. Third-Party Risk Management features have been enhanced to streamline vendor evaluations and AI governance, with Third-Party AI Usage Tracking ensuring secure vendor AI integration and initiating AI risk management workflows directly from vendor assessments.
OneTrust’s Compliance Automation enhancements target the complexities of the regulatory environment, enabling companies to centrally manage and automate compliance initiatives. Automated Evidence Collection allows for connection to external systems, automatic evidence collection, and mapping to controls. Enterprise and Inventory-specific Controls eliminate redundant control records, while Control Objectives streamline the analysis of controls.
The Ethics Program Management suite now includes Data Redaction for Disclosures, providing an additional layer of privacy and security to safeguard personal data in the disclosure process.
Overall, the new capabilities introduced by OneTrust demonstrate the company’s commitment to providing comprehensive tools that enable organizations to navigate the complex landscape of data governance, privacy, and AI usage without hindering innovation. With these groundbreaking features, OneTrust is poised to revolutionize the way businesses manage and utilize data in the modern era.