Transcend Launches New Privacy Risk Management Product, Offering Automated Guidance to Streamline Privacy Impact Assessments
Summary
“Transcend Assessments ensures all departments and teams can proactively identify, monitor and adjust for the data processing risks associated with new system adoption, new product creation, and other business projects. As a result of continuous system sprawl and shadow IT, two-thirds of companies today report that they don’t have an accurate picture of the personal data they collect and process. “Because of these operational challenges, many of today’s assessments are not able to practically meet regulatory compliance, minimize an organization’s data processing risk, and protect their end users.” With today’s announcement, Transcend enables privacy professionals, legal counsel, and Data Protection Officers (DPOs) to handle privacy assessments more comprehensively, efficiently, and easily increasing visibility into data processing risks, fostering better user privacy protections, and reducing operational burden. Backed by Accel and Index Ventures, the company is the data privacy partner of choice for brands such as Robinhood, Clubhouse, Eventbrite, CircleCI, and more. In addition, Transcend’s privacy platform incorporates standard-setting data protections that security-conscious brands have come to expect, including an on-premise security gateway, E2EE (end-to-end encryption), and more.
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