OneTrust Information Governance Assessment (2023): Options & Pricing

OneTrust is a novel cloud options supplier that makes a speciality of privateness, compliance, sustainability and knowledge governance. With 1000’s of main small and huge firms — together with Carrefour, Samsung, Oracle, Allianz and Akami — the OneTrust know-how platform connects knowledge and processes so firms can put belief on the heart 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 will influence what you are promoting.

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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 Trade plans, please contact OneTrust’s gross sales staff.

Key options of OneTrust options

Organizations select OneTrust to higher handle provide chains, cyberthreats, world disruptions and pure disasters whereas concurrently navigating compliance, laws and moral points. OneTrust helps these efforts with automation and clever techniques. Let’s dive into the highest options of the preferred 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 permits analytics and reporting with necessities and threat mitigation. The platform works throughout 4 principal belief clouds:

OneTrust Privateness and Information Governance Cloud

The OneTrust Privateness and Information Governance Cloud helps firms perceive their knowledge and what they do with it. Operational all through the enter, storage, administration and disposal phases, the system is designed for the complete knowledge 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 helpful experiences and creating enterprise worth by belief.

With new worldwide, nationwide and state laws evolving at a fast tempo, privateness professionals have watched their day-to-day operations attain new ranges of complexity. Sustaining an environment friendly world privateness program has confirmed important to avoiding status 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 current enterprise instruments and processes.
• Preserve evergreen knowledge inventories of belongings, processes and distributors to grasp knowledge processing and generate essential data.
• Automate the achievement of privateness rights requests (DSRs) from consumption, id verification, knowledge discovery, knowledge redaction and safe response.
• Streamline response to incidents and knowledge breaches from consumption by evaluation and determination.
• Simplify ongoing evaluation of third-party privateness practices.
• Present consciousness and coaching to staff by content material designed by privateness and knowledge governance specialists.
• Sustain with the most recent 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 identical time, they can achieve the visibility they should make higher risk-informed choices.

This cloud answer aligns with a wide range of enterprise operations: governance and coverage administration, IT threat and safety assurance, third-party threat administration and audit and compliance administration. This explicit answer helps firms and provide chains of their efforts to remain resilient by steady cyberthreats, world 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 improvement.
• Run attestation campaigns and conduct automated periodic assessment cycles.
• Make risk-informed choices primarily based on regulatory intelligence and third-party risk-based evaluation.
• Centralize coverage improvement 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 a wide range of linked challenges like siloed compliance administration, low-risk visibility, low case volumes and disengaged staff. 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 packages with third-party due diligence.
• Interact staff and create a speak-up tradition with protections equivalent to whistleblower retaliation safety.
• Proactively deal with rising dangers.
• Defend 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 knowledge governance finest practices.

OneTrust ESG and Sustainability Cloud

The ESG and Sustainability Cloud permits companies to construct and execute an ESG and sustainability technique with a versatile cloud-based platform. Sustainability and local weather commitments are actually prime priorities for enterprise leaders, however they nonetheless wrestle to drive transparency and measure progress in opposition to these objectives.

Determine D

Key options

With the ESG and Sustainability Cloud, you’ll be able to:

• Set ESG targets, observe KPIs and incoming laws and drive carbon accounting with this data.
• 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 what you are promoting.

Information Discovery and Information Catalog

Information Discovery and Information Catalog are two extra specialised OneTrust Information Governance Cloud parts. Clients can’t 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 optimistic enterprise outcomes.

Determine E

Key options

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

• Create a complete map of organizational knowledge.
• 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.
• Enable for discovery and classification throughout cloud, on-premises and legacy techniques.
• Allow clients to find delicate, private and different knowledge held inside structured and unstructured codecs.
• Enhance accuracy over time with built-in machine studying fashions.
• Enable safe discovery and classification processes to happen inside a corporation’s safety management.

OneTrust execs and cons

Options to OneTrust

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

SEE: Uncover the way to select the best knowledge privateness software program for what you are promoting.

Corporations need to automate and modernize their operations and switch to prime distributors that provide sturdy knowledge platforms to get the job accomplished. Let’s take a look at three prime 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 knowledge discovery and classification, threat evaluation, influence evaluation, incident response and consent administration. Nonetheless, it could 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 shield delicate knowledge, handle consent and report on compliance. Osano is an efficient alternative for companies which might be on the lookout for an easy-to-use and inexpensive privateness administration answer.

Privateness Instruments

Privateness Instruments just isn’t 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 packages. It provides a wide range of instruments and assets, together with knowledge discovery and classification instruments, threat evaluation templates and consent administration templates. Privateness Instruments is an efficient alternative for companies that need to take management of their privateness compliance and get monetary savings on licensing charges.

SEE: You must also try these prime knowledge governance instruments.

How we evaluated OneTrust

To jot down this assessment and consider OneTrust and its alternate options, we examined websites that compile mixture knowledge primarily based on verified person opinions and reviewed demos on vendor websites. Moreover, we test-drove the software program when potential and scoured by OneTrust’s official websites to guage their options, strengths, limitations and prices.

Deciding on OneTrust on your knowledge governance wants

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

No matter their perceived price range or buyer opinions, potential patrons should take into account 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 knowledge governance and availability for his or her stakeholders, a belief platform is without doubt one of the Most worthy instruments for assembly stakeholder expectations.