Transcend Launches New Privacy Risk Management Product, Offering Automated Guidance to Streamline Privacy Impact Assessments
SAN FRANCISCO, Oct. 19, 2022 /PRNewswire-PRWeb/ -- Transcend, the one-stop privacy platform that makes it easy for companies to encode modern privacy requirements into their data ecosystems, has today released a new Assessments product aimed at reducing the work and risk associated with processing personal data.
- This first-of-its-kind offering builds on Transcend's automated data discovery, classification, and governance capabilities by proactively flagging to privacy teams when a Privacy Impact Assessment (PIA) may be required, auto-suggesting relevant metadata, and automatically highlighting incomplete assessments across a company's data map.
- Without centralized data visibility, risk and privacy assessment management has become an operational burden for privacy teams, leaving companies with compliance gaps and privacy risks.
- "Privacy professionals rarely have a quantifiable, easily defined process for kicking off, compiling, and approving Privacy Impact Assessments," said Brandon Wiebe, Transcend General Counsel and Head of Privacy.
- Approval and status tracking: Transcend Assessments includes powerful tools to identify outstanding tasks, documents missing key stakeholder input, and flag assessments pending DPO approval.