PRESS RELEASE
ATLANTA, Sept. 24, 2024 /PRNewswire/ — OneTrust, the market-defining platform serving to organizations use knowledge and AI responsibly, at the moment introduced new capabilities to assist organizations improve resilience throughout the monetary sector and operationalize compliance with the EU’s Digital Operational Resilience Act (DORA). Constructing upon its complete OneTrust Third-Get together Administration resolution, OneTrust will now provide first-to-market capabilities resembling automated DORA “register of knowledge” report creation and out-of-the-box depth of screening and compliance knowledge.
“A corporation’s provide chain may be certainly one of its greatest property for effectivity and innovation, in addition to its most vital impediment to cyber resiliency. Amid rising world mandates for cyber resiliency like DORA, groups want a deep understanding of their prolonged enterprise and instruments for managing threat at scale. By increasing on our strong Third-Get together Administration capabilities with game-changing, new capabilities, groups can acquire much-needed visibility, automate threat and compliance administration, and strengthen resilience,” mentioned Shiven Patel, Director of Third-Get together Administration at OneTrust.
With OneTrust, groups can acquire much-needed visibility, automate threat and compliance administration, and strengthen resilience
Introducing new capabilities to reinforce resilience and operationalize DORA compliance
To additional assist organizations effectively handle info and communication expertise (ICT) and digital provide chain resilience and operationalize DORA compliance, OneTrust is delivering a number of new, standout capabilities:
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4th- and nth-party threat administration: Now, groups can routinely determine, hyperlink, and assess fourth and even nth events to effectively monitor focus threat and exhibit proportionality.
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Two-click register of knowledge reporting: Shortly generate a whole “register of knowledge” in relation to all contractual preparations on the usage of ICT providers supplied by ICT Third-Get together Service Suppliers (ICT TPPs) and ICT service provide chains.
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Enhanced threat and compliance knowledge feeds: Meet due diligence necessities and display screen ICT service suppliers in opposition to out-of-the-box threat and compliance datasets from Dow Jones Threat & Compliance, HackNotice, ISS-Company, RapidRatings, RiskRecon, Safety Scorecard, and Provide Knowledge.
How Third-Get together Administration already helps organizations adjust to DORA
In the present day, Third-Get together Administration empowers organizations to centralize the end-to-end threat administration lifecycle. For ICT and provide chain dangers and extra, the answer permits groups to implement a data-centric and risk-based strategy to figuring out and mitigating threat, whereas repeatedly monitoring for adjustments to threat posture. Due to OneTrust’s cross-domain insights, organizations can align inner groups and information risk-aware decision-making to create a extra resilient, safe, and scalable third-party ecosystem. Forward of DORA taking impact in January 2025, Third-Get together Administration helps organizations meet the Act’s third-party ICT necessities pertaining to:
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Pre-Contract ICT Evaluation
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Stock, Hyperlink, and Report on the ICT provide chain
Third-Get together Administration additionally integrates seamlessly with completely different options throughout the OneTrust Platform, together with the newly launched Compliance Automation. Compliance Automation and Third-Get together Administration work collectively to operationalize an actionable breakdown of the DORA regulatory necessities into measurable capabilities and construct a totally compliant ICT threat administration program.
Extra assets
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Cease by sales space 412 on the Gartner Safety & Threat Administration Summit, September 23-25 in London to be taught extra
About OneTrust
OneTrust unlocks the total potential of information and AI, responsibly. Our platform enforces the safe dealing with of firm knowledge, empowering organizations to drive innovation responsibly whereas mitigating dangers. With a complete suite of options spanning knowledge and AI safety, privateness, governance, threat, ethics, and compliance, OneTrust allows seamless collaboration between knowledge groups and threat groups to allow fast and trusted innovation. Acknowledged because the market chief in belief, OneTrust boasts over 300 patents and serves greater than 14,000 prospects globally, starting from business giants to small companies. For extra info, go to www.onetrust.com.
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