Empowering organizations to govern data and AI without slowing down innovation

At TrustWeek 2024, OneTrust, a leading provider of trust intelligence solutions, announced significant enhancements to its platform aimed at helping organizations discover, secure, and responsibly use data. These new capabilities are designed to support companies in managing data responsibly, mitigating risk, and navigating complex regulatory environments.

Key Announcements and Enhancements

1. Responsible Data Activation and AI Governance

• Data Discovery and Classification:

  • Enhanced Data Classification Engine: Offers over 300 out-of-the-box classifiers for structured and unstructured data, improving accuracy and customization.
  • AWS Automated Deployment: Simplifies the provisioning and management of Data Discovery on AWS infrastructure, cutting deployment time by more than 50%.

• Data Policy Engine Enhancements:

  • Rules-Based Data Policies: Automatically flag violations based on data discovery scans, providing visibility into data risks needing remediation.
  • Duplicate File Detection: Identifies duplicate data to reduce redundancy, enhance security, and potentially lower cloud storage costs.

• AI Governance:

  • AI Inventory Graph and Enhanced Data Graph: Visualizes AI system components and dependencies.
  • Enhanced AI Governance Automation Rules: Allows users to tailor workflow rules without developer assistance.
  • AI Regulatory Research Dashboard: Provides real-time updates on AI regulations and laws.

2. Improved Consent Management

• OneTrust Cookie Consent:
  • Enhanced Website Scanning Engine: Surfaces all trackers on a website, reducing the risk of non-compliance and customer scan times.
  • AI-Assisted Cookie Identification and Categorization: Minimizes the number of unidentified cookies per scan, reducing manual categorization efforts.

3. Comprehensive Risk Management

• IT & Security Risk Management:

  • Dynamic Risk Workflows: Reduces manual review time by enforcing better data hygiene.

• Third-Party Risk Management:

  • Streamlined Vendor Evaluations: Includes AI Governance with Third-Party AI Usage Tracking, initiating AI risk management workflows within vendor assessments.
  • Third-Party Due Diligence: Offers Termination of Monitoring for entities no longer needing oversight.

4. Enhanced Compliance Automation

• Compliance Automation:

  • Automated Evidence Collection: Connects to external systems to collect evidence and map it to controls automatically.
  • Enterprise and Inventory-Specific Controls: Eliminates redundant control records, ensuring consistency across business units.
  • Control Objectives: Defines and categorizes controls by desired outcomes for more efficient analysis.

• Ethics Program Management:

  • Data Redaction for Disclosures: Redacts personal data from disclosure forms, enhancing privacy and security.

5. AI and Regulatory Intelligence

• OneTrust DataGuidance:
  • Redesigned Platform: Easier navigation and faster access to regulatory insights with AI-powered navigation and built-in OneTrust Copilot.
  • Automated Sandbox Creation: Allows users to create and test sandbox environments independently of production.

Strategic Insights

Blake Brannon, Chief Product & Strategy Officer at OneTrust, commented:

"We are at an inflection point where managing your data responsibly has never been more complex or more mission-critical. The breakthrough innovations we're unveiling at TrustWeek enable our customers to innovate at the speed needed in this era of AI and data consumption, all while improving compliance and mitigating risks."

Next Steps

• Learn More: For detailed information on OneTrust's latest innovations, visit the Spring Release page.
• Upcoming Webinar: Register to join the live discussion on these enhancements and their impact on data management and compliance.

For further inquiries:

• Media Contact for OneTrust: press@onetrust.com

These enhancements underscore OneTrust's commitment to helping organizations navigate the complexities of data management, security, and compliance in a rapidly evolving digital landscape.