TrustArc has announced its acquisition of Toronto-based Nymity, as the two privacy technology providers are combining forces with sights set on the future of technology-driven privacy solutions.
With its acquisition of Nymity, TrustArc is further establishing Canada as a key development center, with operations now in Toronto and Vancouver. The companies are also combining their operations in Europe to increase support for organizations that must manage their compliance with the General Data Protection Regulation, as well as complex regional and cross-border obligations.
The Nymity line of privacy solutions is now part of the TrustArc platform. The Nymity Privacy Management Accountability Framework is being aligned with the TrustArc Privacy and Data Governance Framework to deliver an integrated suite of accountability, risk, and compliance solutions powered by the TrustArc platform to address records of processing and data inventories, assessments, and data subject rights management.