Putting the Infrastructure in Place to Regulate those Overwhelming Inflows of Data

Human beings can put their progress down to a ton of different factors, but at the same time, none deserve to get that shout ahead of our ability to grow on a consistent basis. We say this because stated ability has already fetched the world some huge milestones, with technology sticking out as one unique proponent here. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different conditions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new GRC-themed development pans out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.

OneTrust, the market-defining leader for trust intelligence, has officially released a new set of features that are all geared towards making it easier for customers to govern their use of artificial intelligence. This objective translates to a responsibility to accelerate AI innovation, ensure the ethical use of data across the entire data lifecycle, and achieve compliance program efficiency through enhanced automation and intelligence. Talk about the development on a slightly deeper level, we begin from the new AI generation automation rules where you can trigger actions or flag risk automatically with streamlined AI governance. Such a task is also made possible by the option to create rules based on different conditions like attributes or workflow stages. Furthermore, you can tailor these rules to specific requirements without needing help from a developer. The latter bit should especially go a long distance, as far as promoting greater efficiency, consistency, and flexibility is concerned. Next up, we must get into how the development has conceived several integrations with likes of AWS SageMaker, AzureML, and Google Vertex for AI Governance etc. The idea behind bringing these integrations is to eliminate manual data, replacing it with automated syncing information for models in OneTrust so to save a huge chunk of time. An augmented benefit one can expect from the stated integrations is the way they can also help organizations maintain up-to-date information for models, while simultaneously fostering collaboration across technical and oversight stakeholders. Then, there is the power to conduct AI risk assessments as a part of your wider AI governance effort. This includes analyzing compliance requirements and controls across various AI risk management frameworks (OECD, ALTAI, UK ICO, NIST AI RMF), identifying resource gaps, and initiating the development of early-stage AI governance program. Apart from that, one can use a Intake Assessment feature to capture business and technical context during project ideation, and classify according to regulator-advised risk levels. The same risk assessments can also enable you to gain a holistic view of each AI system’s risk, including the risk stemming from underlying machine learning (ML) models and data used in the system. Moving on to the new and improved DataGuidance experience, it promises to simplify the very pursuit of keeping pace with the latest regulatory intelligence. Joining it are features like a newly integrated AI-powered OneTrust Copilot which allows your team to access real-time answers to toughest of regulatory questions, and a Smart Search functionality that helps you uncover important insights in a significantly quicker manner.

OneTrust also took this opportunity to launch a dedicated policy engine in data discovery. The new engine solves a big problem for security and privacy teams, who are required to swiftly identify and remediate violations.  But how does it help them? Well, the answer resides in three different components. For starters, the engine banks upon rules-based data policies to automatically flag violations based on data discovery scans. Then, it applies a set of task-based and automated actions that can be auto-triggered to remediate violations. Finally, the engine kicks off targeted re-scanning to confirm that remediation actions have occurred and the violation has been duly resolved. Almost like a bonus, users can also tap into this Trendline reporting feature which displays violations over an extended time period, thus ensuring better understanding and executive reporting of data risk posture. Another detail worth a mention in regards to OneTrust’s latest move is rooted in Unified Consent Profiles for Known Users in Universal Consent & Preference Management (UCPM). In simple terms, UCPM delivers at your disposal a 360° degree view of individuals to create more value from consented data. Such a function also lets you update preferences from every touchpoint to govern action, complimenting the same with a lowdown on how well you are respecting user-related compliance obligations. Alongside that, OneTrust has in place new capabilities that allow customers to document cookie receipts for identified data subjects, and at the same time, trigger integration workflows to send identified opt-outs to downstream systems.

“Today organizations are navigating the challenging complexities of being in a data-centric world amplified by AI advancements, the exponential growth of data, and the shift toward first-party data strategies,” said Blake Brannon, Chief Product and Strategy Officer at OneTrust. “The challenge is not only managing this deluge of data, but doing so in a way that maintains privacy and security, respects personal user consent, and ultimately builds trust to continue capturing and using the data. OneTrust is at the forefront, offering cutting-edge solutions that empower organizations to do more than meet compliance requirements.”

Hold on, we still have a few bits left to unpack, considering we still haven’t discussed HackNotifications breach notifications becoming available in OneTrust’s Third-Party Risk Exchange. Owing to this collaboration, the latter’s user base, from here onwards, will get immediately notified whenever one of their connected vendors has new breach information. However, in a bid to leave no stone unturned, OneTrust empowers you to execute your own enhanced due diligence protocols for high risk third parties. The stated cautionary screenings will, at launch, cover financial risks, reputational risks, regulatory risks, and more. Among the closing highlights, we have disclosure questionnaire defensibility in ethics program management. Here, users will enjoy the facility to ensure accurate and audit-ready disclosure management, doing so through a guided experience that directs employees to review previously submitted disclosures and any net new questions. Rounding things up is a whole new workspace navigation feature, a feature one can expect to improve overall searchability through powerful new search capabilities. This aspect, in particular, also has in store various side navigations to boil down user journeys to a much simpler form, and therefore, bolster the function’s utility.

Operating out of Atlanta, Georgia, OneTrust has risen on the back of its industry-leading excellence in conceiving responsible use of data throughout an organization. In practice, such excellence reflects the company’s ability to protect users’ privacy rights, implement and report on the given organization’s cyber security program, make their social impact goals a reality, and create a speak up culture of trust. OneTrust’s credentials are further reinforced by a fact that more than 14,000 customers are currently using its solutions, customers that include half of the Global 2,000. In case you need more convincing, we can take into account how the company ranks #24 on the Forbes Cloud 100 list of top private cloud organizations in the entire world.


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