SAN DIEGO, Oct. 17, 2017 /PRNewswire/ -- IAPP Privacy. Security. Risk. 2017 -- TrustArc, the data privacy management company, today, during the IAPP Privacy. Security. Risk. 2017 event in San Diego, announced Data Flow Manager, a new data inventory and mapping solution that builds and visualizes business process data flows to dramatically simplify the steps companies must take in order to produce the controls and reports needed to comply with GDPR and other privacy regulations. An expansion of the TrustArc Data Privacy Management Platform that is used by over 1,000 clients worldwide, Data Flow Manager supports TrustArc's mission to provide organizations with the most flexible, scalable and secure way to manage privacy for its customers, partners and employees.
Global privacy regulations such as the European Union's GDPR, along with the increasing volumes of personal data collection are making compliance and risk management significantly more complex and expensive for organizations. One of the more difficult steps in becoming compliant with privacy standards such as GDPR is understanding why customer and employee data is being collected, where it is stored and how it is being used. Data mapping is a key component of the compliance process, and based on research from Dimensional Research and TrustArc, 78% of companies indicated they need help with it. For large organizations, that can involve the overwhelming task of tracking dozens of data types across numerous organizations, systems and vendors. It is a massively complex problem for which companies have relied on creating complex spreadsheets which are very difficult to update and keep current.
TrustArc Data Flow Manager is an extension of TrustArc's powerful SaaS-based platform that has operated at scale for over six years and is based on the company's methodology honed over 20 years and tens of thousands of engagements.
Key features of TrustArc Data Flow Manager include:
"Regulatory compliance with global privacy standards is growing increasingly complex, with GDPR a massive tip of the iceberg," said Chris Babel, CEO of TrustArc. "Based on our experience with our customers and survey data of privacy professionals, it is clear that companies all over the world are increasingly looking to technology solutions to drive more efficient and faster compliance with privacy standards, and Data Flow Manager is a critical technology to accomplish that goal."
Data Flow Manager is available today. For more information visit trustarc.com/dataflowmanager or call 888-878-7830.
About TrustArc
TrustArc powers privacy compliance and risk management with integrated technology, consulting and TRUSTe certification solutions – addressing all phases of privacy program management. The foundation for our solutions is the TrustArc Privacy Platform which provides a flexible, scalable, and secure way to manage privacy. Our technology platform, fortified through six years of operating experience across a wide range of industries and client use cases, along with our services, leverage deep privacy expertise and proven methodologies which we have continuously enhanced through thousands of client projects over the past two decades. Headquartered in San Francisco, and backed by a global team, we help over 1,000 clients worldwide demonstrate compliance, minimize risk, and build trust. For more information, visit www.trustarc.com.
SOURCE TrustArc