The IAPP has released their 2021 Privacy Tech Vendor Report. This report sets out the key vendors that provide privacy management software and tools. There are over 300 listed vendors which the IAPP has categorised by product to help you easily see what each vendor has to offer.
What is privacy management software?
Privacy management software (or data protection software) assists organisations manage several aspects of information and privacy governance in one place. It helps organisations comply with their data protection obligations and in some cases, with information security and data governance.
The different types
Broadly, you can categorise privacy management software into two groups.
- Programme privacy management – things that help the privacy office (and officer) manage your organisation’s project or programme.
- Enterprise privacy management – things that also help with the overall business needs of an organisation.
With the rise in privacy and information security laws, organisations need a comprehensive solution to assist them in complying with their various obligations. Thus, many vendors now provide platforms that can handle tasks from data mapping and data subject request to data discovery and audit management.
Does my organisation need this software?
If your organisation processes large amounts of data, it’s likely that you will need to use software to help you stay on top of your compliance requirements. It is possible to manage some aspects of your privacy manually. However, this will become increasingly hard and more time consuming as the amount of data you process grows. You may also find that your compliance obligations increase with the passing of new privacy laws.
If you’re looking for a dashboard, detailed documentary proof, automated workflows and auditable records, you need data privacy management software.
How to decide who to go with
With so many privacy tech vendors and privacy management software options available, it can be tough knowing which one best suits your organisation. Find out how we can assist you to make the right choice.
