OneTrust is a novel cloud options supplier that makes a speciality of privateness, compliance, sustainability and information governance. With 1000’s of main small and enormous firms — together with Carrefour, Samsung, Oracle, Allianz and Akami — the OneTrust know-how platform connects information and processes so firms can put belief on the middle of their operations and tradition.

On this report, we dive into OneTrust’s choices to grasp their options, strengths and cons and the way they’ll influence your corporation.

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Pricing

OneTrust provides a variety of options and add-ons. For starters, there’s a 14-day free trial for the Privateness & Information Governance, GRC & Safety Assurance, Ethics & Compliance and ESG options.

For these within the OneTrust Belief Intelligence Platform, OneTrust Belief Intelligence Cloud Options, OneTrust GRC and Safety Assurance Cloud, Giant Enterprise, or Particular Business plans, please contact OneTrust’s gross sales staff.

Key options of OneTrust options

Organizations select OneTrust to raised handle provide chains, cyberthreats, international disruptions and pure disasters whereas concurrently navigating compliance, laws and moral points. OneTrust helps these efforts with automation and clever methods. Let’s dive into the highest options of the most well-liked OneTrust options.

SEE: Discover our overview of information governance frameworks.

OneTrust’s Intelligence Platform is an AI-powered, cloud-based know-how that helps centralized workflow automation in addition to problem, course of and coverage administration. Moreover, the system allows analytics and reporting with necessities and threat mitigation. The platform works throughout 4 foremost belief clouds:

OneTrust Privateness and Information Governance Cloud

The OneTrust Privateness and Information Governance Cloud helps firms perceive their information and what they do with it. Operational all through the enter, storage, administration and disposal phases, the system is designed for the complete information life cycle.

Corporations flip to OneTrust Privateness and Information Governance Cloud to undertake best-in-class privateness practices and construct belief amongst clients and companions whereas delivering extra priceless experiences and creating enterprise worth by belief.

With new worldwide, nationwide and state laws evolving at a speedy tempo, privateness professionals have watched their day-to-day operations attain new ranges of complexity. Sustaining an environment friendly international privateness program has confirmed vital to avoiding repute injury, fines and lawsuits whereas additionally opening up new enterprise alternatives.

Determine A

Key options

With OneTrust Privateness and Information Governance Cloud, firms can:

• Automate PIAs, DPIAs and PbD with dynamic templates and versatile workflows.
• Combine present enterprise instruments and processes.
• Keep evergreen information inventories of property, processes and distributors to grasp information processing and generate obligatory information.
• Automate the success of privateness rights requests (DSRs) from consumption, id verification, information discovery, information redaction and safe response.
• Streamline response to incidents and information breaches from consumption by evaluation and backbone.
• Simplify ongoing evaluation of third-party privateness practices.
• Present consciousness and coaching to employees by content material designed by privateness and information governance specialists.
• Sustain with the newest privateness and safety developments by a central portal that delivers same-day updates from specialists.

OneTrust GRC and Safety Assurance Cloud

The OneTrust GRC and Safety Assurance Cloud helps firms successfully handle the chance introduced on by third events. On the similar time, they’re able to acquire the visibility they should make higher risk-informed selections.

This cloud resolution aligns with quite a lot of enterprise operations: governance and coverage administration, IT threat and safety assurance, third-party threat administration and audit and compliance administration. This explicit resolution helps firms and provide chains of their efforts to remain resilient by steady cyberthreats, international crises and pure disasters.

Determine B

Key options

Corporations utilizing the GRC and Safety Assurance Cloud can:

• Handle, monitor, edit and replace insurance policies and notices to centralize coverage growth.
• Run attestation campaigns and conduct automated periodic evaluate cycles.
• Make risk-informed selections primarily based on regulatory intelligence and third-party risk-based evaluation.
• Centralize coverage growth and planning with embedded enterprise intelligence and collaboration.
• Handle GRC duties and automate proof assortment for compliance with varied safety certifications.

OneTrust Ethics and Compliance Cloud

Corporations face quite a lot of related challenges like siloed compliance administration, low-risk visibility, low case volumes and disengaged workers. Responding to this explicit set of issues, OneTrust developed the OneTrust Ethics and Compliance Cloud.

The OneTrust Ethics and Compliance Cloud brings collectively ethics program administration, speak-up tradition assurance and third-party due diligence to unify individuals, processes and know-how throughout ethics, compliance, HR and authorized groups.

Determine C

Key options

OneTrust Ethics and Compliance Cloud permits customers to:

• Run ethics administration applications with third-party due diligence.
• Interact employees and create a speak-up tradition with protections reminiscent of whistleblower retaliation safety.
• Proactively sort out rising dangers.
• Shield and strengthen manufacturers with cross-application reporting and analytics that concentrate on firm tradition well being, program efficacy and present firm dangers.

SEE: Discover these information governance greatest practices.

OneTrust ESG and Sustainability Cloud

The ESG and Sustainability Cloud allows companies to construct and execute an ESG and sustainability technique with a versatile cloud-based platform. Sustainability and local weather commitments at the moment are high priorities for enterprise leaders, however they nonetheless wrestle to drive transparency and measure progress towards these targets.

Determine D

Key options

With the ESG and Sustainability Cloud, you may:

• Set ESG targets, monitor KPIs and incoming laws and drive carbon accounting with this information.
• Uncover your group’s carbon footprint numbers and decide methods to scale back and offset emissions.
• Automate ESG reporting and disclosures for normal stakeholder updates.
• Guarantee provider sustainability and duty.

SEE: Listed here are a number of advantages of making use of ESG requirements to your corporation.

Information Discovery and Information Catalog

Information Discovery and Information Catalog are two extra specialised OneTrust Information Governance Cloud parts. Clients can not purchase one with out the opposite; each are key to the environment friendly operation of the clever system.

The parts work seamlessly to strengthen data-driven insights for constructive enterprise outcomes.

Determine E

Key options

OneTrust Information Discovery and Information Catalog give customers the power to:

• Create a complete map of organizational information.
• Apply related context by metadata mapping and administration.
• Automate and validate governance processes and insurance policies to make sure compliance.
• Drive regulatory intelligence with DataGuidance and different AI options.
• Present coverage automation for each exterior regulatory and inside coverage necessities.
• Permit for discovery and classification throughout cloud, on-premises and legacy methods.
• Allow clients to find delicate, private and different information held inside structured and unstructured codecs.
• Enhance accuracy over time with built-in machine studying fashions.
• Permit safe discovery and classification processes to happen inside a company’s safety management.

OneTrust execs and cons

Options to OneTrust

There are lots of established and upcoming firms competing within the information safety, compliance and governance sectors. Because the regulatory panorama complexities proceed to extend and social values turn out to be underneath better scrutiny, the demand for these options is barely getting stronger.

SEE: Uncover the right way to select the suitable information privateness software program for your corporation.

Corporations need to automate and modernize their operations and switch to high distributors that provide sturdy information platforms to get the job executed. Let’s take a look at three high and totally different alternate options to OneTrust.

TrustArc

TrustArc Privateness Administration Platform is a cloud-based platform that helps companies handle their privateness compliance. Like OneTrust, it provides a variety of options, together with information discovery and classification, threat evaluation, influence evaluation, incident response and consent administration. Nonetheless, it might be a greater match for smaller companies or these with much less demanding operations.

Osano

Osano is an information privateness platform that helps companies automate their privateness compliance. It provides a set of instruments that can be utilized to find, classify and defend delicate information, handle consent and report on compliance. Osano is an effective selection for companies which are searching for an easy-to-use and inexpensive privateness administration resolution.

Privateness Instruments

Privateness Instruments shouldn’t be for everybody. It’s an open-source privateness administration platform that requires superior technical expertise. Nonetheless, it’s free to make use of and helps companies construct and keep their very own privateness applications. It provides quite a lot of instruments and sources, together with information discovery and classification instruments, threat evaluation templates and consent administration templates. Privateness Instruments is an effective selection for companies that need to take management of their privateness compliance and get monetary savings on licensing charges.

SEE: You also needs to try these high information governance instruments.

How we evaluated OneTrust

To write down this evaluate and consider OneTrust and its alternate options, we examined websites that compile mixture information primarily based on verified consumer critiques and reviewed demos on vendor websites. Moreover, we test-drove the software program when doable and scoured by OneTrust’s official websites to judge their options, strengths, limitations and prices.

Choosing OneTrust in your information governance wants

The pricing choices for OneTrust are versatile and scalable. Clients and critiques report options beginning as little as $30 monthly. Moreover, the corporate provides free trials.

No matter their perceived funds or buyer critiques, potential consumers should think about for themselves whether or not or not the OneTrust portfolio of options meets their enterprise’ explicit wants. Particularly for firms that extra closely depend on moral information governance and availability for his or her stakeholders, a belief platform is among the most precious instruments for assembly stakeholder expectations.