OneTrust unveils new data management tools at TrustWeek 2024

At the TrustWeek 2024 conference in Austin, OneTrust, a specialist in trust intelligence, announced new platform features aimed at aiding businesses in efficiently managing, securing, and ethically utilising data. The capabilities are designed to empower organisations with the tools needed to manage data responsibly, identify and mitigate risks, and navigate the intricate regulatory landscape.

Blake Brannon, OneTrust's Chief Product and Strategy Officer, emphasised the critical nature of responsible data management, stating, "To grow and thrive in this data-centric era, organisations need a foundation to discover, secure, and responsibly use data across the entire enterprise." He added that the innovations introduced would enable companies to maintain compliance and mitigate risks while continuing to innovate swiftly in the age of AI and data consumption.

Key among the new offerings is OneTrust Data Discovery, which enhances the ability to uncover potential security and compliance issues. The upgraded Data Classification Engine supports both structured and unstructured data, offering over 300 pre-configured classifiers for improved accuracy. Additionally, AWS Automated Deployment has been introduced to simplify the provisioning and management of Data Discovery on AWS infrastructure, reducing deployment time by more than 50%.

An improved Data Policy Engine is now capable of automatically identifying data security and compliance postures, flagging violations based on data discovery scans. This provides visibility into data risks that must be addressed. Highlighting efficiency, Duplicate File Detection helps to identify redundant data, improving security posture and potentially reducing cloud storage costs.

Furthermore, OneTrust's advancements in AI Governance have been designed to facilitate the governance of AI use while preserving the pace of innovation. The new AI Inventory Graph and Enhanced Data Graph provide visualisations of AI system components, assisting users in understanding dependencies. Enhanced AI Governance Automation Rules allows users to customise workflow rules without requiring developer intervention. Also, an in-app AI Regulatory Research dashboard offers real-time updates on AI regulations and laws.

OneTrust has also bolstered its Cookie Consent feature with an enhanced Website Scanning Engine, which can surface all website trackers, thus aiding in the mitigation of compliance risks and reducing customer scan times. AI-assisted Cookie Identification and Categorisation further minimise the manual categorisation process, enhancing efficiency.

The company's IT and Security Risk Management solutions now include Dynamic Risk Workflows, which reduce the time spent manually reviewing risk transitions between workflow stages, thereby enforcing better data hygiene. Third-Party Risk Management features have been improved to streamline vendor evaluations and AI governance, with Third-Party AI Usage Tracking ensuring secure vendor AI integration, and initiating AI risk management workflows directly from vendor assessments.

Additionally, OneTrust's Compliance Automation enhancements target the complexities of the regulatory environment, enabling companies to manage and automate compliance initiatives centrally. Automated Evidence Collection allows for connection to external systems, automatic evidence collection, and mapping to controls. This is supported by Enterprise and Inventory-specific Controls to eliminate redundant control records, and Control Objectives to streamline the analysis of controls.

Finally, the Ethics Program Management suite has introduced Data Redaction for Disclosures to offer an extra layer of privacy and security, ensuring personal data is safeguarded in the disclosure process.

Overall, the new capabilities presented by OneTrust reflect a concerted effort to provide comprehensive tools that allow organisations to navigate the increasingly complex landscape of data governance, privacy, and AI usage without hindering innovation, the company states.