Privacy software leader OneTrust adds a fourth vendor to its list of acquisitions with Integris, a leading vendor for data discovery and classification space, as an addition to OneTrust Data Discovery. In the media announcement, OneTrust CEO Kabir Barday expressed the reasoning behind the acquisition being customer driven, stating that “customers have encouraged us to continue to lead the market with innovation in automated data discovery capabilities.” Barday further expressed that Integris was selected as the natural solution due to its leading features and capabilities.
In her statement, Integris founder and CEO Kristina Bergman indicated that the last few months leading up to the acquisition announcement were spent merging the technologies together to create a streamlined solution that capitalizes on the feature sets of both companies.
Both companies leverage AI and automation within their feature sets. OneTrust has recently introduced OneTrust Athena, which layers AI, machine learning, robotic automation, and predictive intelligence within its current data privacy platforms. In addition to its AI-powered data discovery capabilities, Integris’ solution provides capabilities within data privacy and data governance and focuses on both data at rest and data in motion.
In a recent tech brief, I discussed the trend towards partnering or consolidation of vendors within the data privacy, data discovery and classification, and data security space. OneTrust’s acquisition of Integris’ software follows this methodology of leveraging the expertise of an aligned, reputed brand to enhance the current set of offerings.
As it now stands, OneTrust provides customers with a comprehensive set of capabilities that have their foundations in data privacy and protection and have gradually migrated towards a comprehensive data governance offering. As with many of the acquisitions that have occurred over the recent past (think TrustArc and Nymity, HelpSystems and Boldon James and Titus), vendors are working within a principle of economies of scale. This means continuing to focus on the areas within which they currently specialize while providing additional capabilities by bringing in complementary, best-fit vendors to provide a separate set of offerings. While these acquisitions have been ongoing, it will be interesting to see if the impact of a post-COVID-19 economy will force additional acquisitions and consolidations as companies seek to allocate spending to one vendor as opposed to four different vendors and solutions.
The recent Schrems II invalidation of the EU-US Privacy Shield has added a layer of difficulty for organizations that operate across borders, as they now require additional contractual clauses and measures in place to ensure data can transfer freely. Privacy program management vendor Proteus-Cyber offers a streamlined solution with the release of its Transfer Impact Assessment tool.
TrustArc is partnering with BigID to add protection of sensitive data to its roster of data privacy and compliance capabilities. The move closely follows a partnership announced by two other major players in the data privacy and governance space, OneTrust and Integris.
An acquisition borne out of its users’ primary needs, OneTrust’s recent integration with data discovery giant Integris optimally positions the privacy program management software vendor against competitors in the market.
Data intelligence software vendor Alation has made the move to emphasize data governance amongst its solution offerings to make the data catalog a dynamic platform for “a broad range of data intelligence solutions.”
The industry’s first self-service privacy software solution Ethyca receives its second round of investor funding, aptly timed with the release of Ethyca Pro. The privacy management solution provides full automation capabilities for data mapping, data subject requests (DSRs), and consent management for various international privacy regulations.
AI-powered privacy is here to stay, driven by the innovative team at SECURITI.ai. The company injects automation through AI with its PrivacyOps solution, PRIVACI, taking the effort out of mapping out personal data within its various repositories.
The privacy management software space is rapidly becoming crowded with vendors all looking to add value. 2B Advice has released the most recent version (7.0) of its software, emphasizing the support tools needed to build a privacy-aware culture.
In response to criticism over data collection practices, Google is introducing default deletion of location history in its web and application activities for new accounts.
Proteus-Cyber, a leading vendor within the privacy program management space, has added two standout features to its current privacy software offering. The Threat Intelligence feature tracks and links directly to CVEs discovered daily and can be integrated within the IT asset register of current Proteus-Cyber NextGen Data Privacy users.