September 26, 2024 at 04:26PM
OneTrust announced new capabilities to enhance resilience and operationalize compliance with the EU’s Digital Operational Resilience Act (DORA). These include automated DORA report creation, enhanced risk and compliance data feeds, and fourth- and nth-party risk management features. OneTrust’s Third-Party Management helps comply with DORA and integrates with Compliance Automation. Visit Gartner Security & Risk Management Summit to learn more.
From the meeting notes, here are the key takeaways:
– OneTrust has announced new capabilities to help organizations enhance resilience across the financial sector and operationalize compliance with the EU’s Digital Operational Resilience Act (DORA).
– The new capabilities include automated DORA “register of information” report creation, out-of-the-box depth of screening, and compliance data.
– Shiven Patel, Director of Third-Party Management at OneTrust, highlighted the importance of having visibility, automating risk and compliance management, and strengthening resilience within an organization’s supply chain.
– The new capabilities introduced by OneTrust aim to enhance resilience and operationalize DORA compliance, including 4th- and nth-party risk management, two-click register of information reporting, and enhanced risk and compliance data feeds.
– OneTrust’s Third-Party Management already helps organizations comply with DORA by centralizing the end-to-end risk management lifecycle and enabling a data-centric and risk-based approach, among other features.
– Third-Party Management integrates seamlessly with Compliance Automation to operationalize a fully compliant ICT risk management program.
– OneTrust will be present at the Gartner Security & Risk Management Summit in London from September 23-25 at booth 412 to further discuss their offerings.
– OneTrust is positioned as a platform that enforces the secure handling of company data, driving innovation responsibly while mitigating risks.
For more information, you can visit OneTrust’s website at www.onetrust.com.