NEW YORK (PRWEB) June 30, 2020
BigID, the leading data discovery and intelligence platform for privacy, protection, and perspective; and TrustArc, the leader in privacy program management and automation, today announced a partnership that enables enterprises to define, build and maintain flexible and responsive privacy management programs.
BigID’s discovery-in-depth foundation integrates with the TrustArc Privacy Management Platform, providing joint customers with more insight and transparency into personal and sensitive data that falls under privacy regulations for reporting, deletion and access requests. BigID’s ongoing data discovery across multiple sources increases visibility for TrustArc’s Data Inventory Hub and also accelerates Individual Rights Manager by enabling automation for consumer and data subject access requests (DSARs).
The complexity of data privacy regulations (along with more vocal customer expectations of privacy rights and protections) now require a more holistic approach to privacy management. In order to address these challenges - from the expanding breadth of data rights to the need to be able to accurately report on and fulfill data rights requests - organizations need to implement a sustainable privacy program. To build and automate sustainable, efficient and scalable privacy management programs, enterprises must be able to easily modify their policies and processes in response to regulatory changes. In tandem, they must be able to discover, classify and map personal information to enforce those policies and fulfill data rights.
Together, BigID and TrustArc enable organizations to define, build and automate flexible and responsive privacy management programs with ongoing data insights, empowering customers to address the following key requirements for sustainable privacy management:
- Take action on privacy insights generated from continuous analysis of all data platforms and types, including cloud software, files, big data, and traditional data stores;
- Automate discovery, classification, and inventorying of personal and sensitive data based on how data is related to individuals across the enterprise;
- Automate the management of consumer and data subject access requests (DSRs) at scale;
- Seamlessly populate the TrustArc Data Inventory Hub and update it based on new discovery findings fueled by BigID's discovery-in-depth.
“This partnership highlights TrustArc and BigID’s approach to bring clarity and intelligence to complex data privacy regulatory environments,” said Nimrod Vax, Co-Founder and Chief Product Officer of BigID. “With this partnership, we aim to ensure that customers can automate and manage privacy compliance for the long haul, beyond the initial manual controls that many organizations have started with to address regulatory compliance.”
"Data is a company's most vital asset. Maintaining data privacy reduces the risk businesses incur while simultaneously unlocking the business value of that data," said Michael Lin, SVP, Product and Engineering, TrustArc. "Our partnership with BigID combines its excellence in data discovery, an essential element of a strong privacy program, with a simplified, automated view of privacy compliance that only TrustArc can offer."
To learn more about how BigID and TrustArc work together, visit bigid.com or bigid.com/demo.
Based in New York, BigID uses advanced machine learning and identity intelligence to help enterprises better protect their customer and employee data at petabyte scale. Using BigID, enterprises can better safeguard and assure the privacy of their most sensitive data, reducing breach risk and enabling compliance with emerging data protection regulations like the EU’s General Data Protection Regulation and California Consumer Privacy Act. BigID has raised $146 million in funding since its founding in 2016 and has been recognized for its privacy innovation as the 2018 RSA Conference Innovation Sandbox winner, a CB Insights 2018 Cyber Defender, Network Products Guide 2018 IT World Awards “Hot Company of the Year” winner, a 2019 InformationWeek Vendor to Watch, a 2019 Business Insider enterprise vendor “to bet your career on,” and a 2019 World Economic Forum Technology Pioneer. Learn more at http://bigid.com or visit us at http://bigid.com/demo to schedule a demo.
As the leader in data privacy, TrustArc automates and simplifies the creation of end-to-end privacy management programs for global organizations. TrustArc is the only company to deliver the depth of privacy intelligence, coupled with the complete platform automation, that is essential for the growing number of privacy regulations in an ever-changing digital world. Headquartered in San Francisco, and backed by a global team across the Americas, Europe, and Asia, TrustArc helps customers worldwide demonstrate compliance, minimize risk, and build trust. For additional information visit http://www.trustarc.com.