#USA #New York #BigID #AI Management #Privacy Executive

BigID Introduces AI-Driven Privacy Executive Console

In the age of constant data regulatory changes, businesses must adapt swiftly to ensure compliance and protect sensitive information. BigID, a frontrunner in data security and privacy management, has unveiled its latest innovation - the Privacy Executive Console. This cutting-edge tool is specifically designed for privacy leaders, presenting a consolidated view of their privacy programs effectively and efficiently.

The Privacy Executive Console operates under BigID's Next platform, aiming to empower organizations through centralized, real-time insights into privacy performance, risk management, and compliance status. With the increasing scrutiny from regulators and growing responsibilities at the board level, reliance on conventional reporting methods or disconnected tools just won't suffice anymore.

Key Features of the Privacy Executive Console

The Privacy Executive Console is a significant advancement as it goes beyond just offering plain reports. Instead, it provides identity-aware, AI-powered insights that address essential privacy and compliance requirements. Here are some of its main capabilities:

• - Unified Risk Visibility: Monitor and evaluate risks consistently across various data assets, vendors, and legal entities while obtaining real-time insights.
• - Data-driven Compliance: Ensure that data subject requests and privacy assessments are processed on time, reducing SLA violations and improving adherence to policies.
• - Operational Transparency: Analyze fulfillment rates and compliance KPIs filtered by business units or geographical locations, enabling informed decision-making.
• - Executive-Ready Reporting: Benefit from interactive dashboards that help identify risk hotspots and trends in compliance with ease.
• - Customizable Views: Tailor dashboards to suit different roles, from high-level summaries for executives to specific metrics for privacy operations personnel.
• - Actionable Intelligence: Drill down from analytics to specific datasets, promoting proactive remediation and strategic decisions.

David Ray, Chief Privacy Officer at BigID, emphasized the importance of this tool, stating, "Today's privacy leaders are expected to deliver impact and insight across the organization with speed, confidence, and accuracy. The Privacy Executive Console empowers them with an executive lens on their privacy program, surfacing what matters most and helping teams prioritize action, without relying on manual updates."

Transforming Privacy Management

By utilizing BigID's patented Identity-Aware AI, the Privacy Executive Console enables businesses to identify risk patterns and make informed decisions at a quicker pace. This tool aligns efforts for Chief Privacy Officers (CPOs) and compliance teams with business objectives, ensuring that privacy strategies are implemented cohesively.

The console represents a significant step forward to enable organizations to transcend reactive compliance approaches. With the ability to track compliance goals proactively, businesses can deliver excellent operational performance in managing risks associated with privacy.

To witness the capabilities of the Privacy Executive Console, interested parties are encouraged to visit BigID’s booth (#30) at the IAPP Global Privacy Summit in Washington, DC, for a live demonstration.

About BigID

BigID has been a pivotal player in promoting data-centric security, compliance, and privacy, helping organizations effectively manage their sensitive data landscapes. With accolades such as being featured in CRN's top 100 security companies and other industry recognitions, BigID continues to innovate and lead the market.

Conclusion

The introduction of the Privacy Executive Console marks a critical milestone for privacy and compliance management in organizations. Through advanced AI insights and strategic functionalities, privacy leaders are better equipped to navigate the intricacies of data protection, making informed decisions that enhance compliance and minimize risks across the board.