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.”
