Onspring announced the launch of Onspring Data Privacy Management, built to help organizations navigate the complex landscape of data privacy compliance and risk management. With regulatory requirements tightening worldwide and the cost of privacy breaches accelerating, Onspring's latest offering gives organizations the power to maintain compliance, manage privacy risks, and measure data privacy program maturity in a single integrated platform.

Privacy management has historically operated in silos, making it difficult for compliance, security, and risk teams to work from the same set of data and tools. Onspring Data Privacy Management bridges this gap, ensuring all stakeholders speak the same language, work within the same platform, and act on real-time insights to manage data privacy effectively.

"Businesses today operate in an environment where privacy risks and regulations grow more complex by the day," said Brett Sommers, Director of Products, GRC at Onspring. "As market demands have evolved and organizations sought to integrate privacy management within their broader compliance and risk strategies, we developed a product to meet those exact needs. Onspring Data Privacy Management delivers an intuitive, collaborative platform that helps teams track, assess, and respond quickly to privacy challenges."

With privacy breaches costing U.S. businesses an average of $9.36 million, organizations must rethink their approach to data privacy. Additionally, regulatory frameworks continue evolving, from GDPR in Europe to a growing patchwork of U.S. state-level privacy laws, making compliance a challenge that demands adaptability and agility.

Onspring Data Privacy Management is built to address the biggest hurdles faced by Data Protection Officers (DPOs), Chief Privacy Officers (CPOs), and other privacy professionals, offering:

• A Centralized, Global View of Privacy Risks - Allows businesses to visualize the impact of privacy decisions across the entire organization, supporting business planning and long-term risk strategy.
• Seamless Integration Across GRC Functions - Ensures privacy, security, risk, and compliance teams can collaborate, eliminating silos and aligning organizational efforts.
• Real-Time Compliance Tracking - Provides privacy teams with instant visibility into regulatory performance, necessary updates, and emerging risks, allowing for faster response times and risk mitigation.
• User-Friendly, Customizable Platform - Built on Onspring's intuitive no-code platform, making it easier to tailor workflows to specific privacy regulations and business needs by industry.
  

"By prioritizing data privacy, organizations strengthen customer trust and provide actionable intelligence to the greater GRC ecosystem," added Sommers. "Onspring Data Privacy Management makes it simple to embed privacy into core business operations and demonstrate real, measurable impact."