TrustArc, a data privacy management provider, recently announced the launch of 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, 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.
Key features of TrustArc Data Flow Manager include:
Purpose-built workflow to guide the creation of data privacy related business process flows and data inventories;
Easy to use, drag and drop data flow mapping tool that creates a detailed and comprehensive inventory of relevant data flows and potential risks across the organization;
A central register that stores information on all data processing activity;
Sophisticated yet user friendly processes that guide users through creating comprehensive compliance reports, such as GDPR Article 30; and
Streamlined UX design enabling non-privacy experts and non-IT personnel to use it.
“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.”