TrustArc provides online privacy solutions. Its product offers a suite of privacy services to help businesses build trust and increase engagement across online channels including websites, mobile applications, advertising, cloud services, business analytics, and email marketing. It was founded in 1997 and is based in Walnut Creek, California.
ESPs containing TrustArc
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The data governance & privacy market provides solutions to manage and protect data throughout its lifecycle, ensuring compliance with regulations and industry standards. These solutions enable organizations to discover, classify, and manage their data landscape while also helping them comply with privacy, compliance, regulatory, and security requirements (such as GDPR and HIPAA). With the explosio…
TrustArc's Products & Differentiators
PrivacyCentral delivers continuous privacy insights that transform how you manage your privacy obligations.
Research containing TrustArc
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned TrustArc in 4 CB Insights research briefs, most recently on Sep 6, 2023.
Expert Collections containing TrustArc
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
TrustArc is included in 4 Expert Collections, including Regtech.
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Tech IPO Pipeline
Track and capture company information and workflow.
These companies protect organizations from digital threats.
Retail Media Networks
Tech companies helping retailers build and operate retail media networks. Includes solutions like demand-side platforms, AI-generated content, digital shelf displays, and more.
TrustArc has filed 11 patents.
Computer network security, Computer security, Cryptography, Key management, Cryptographic protocols
Computer network security, Computer security, Cryptography, Key management, Cryptographic protocols
Latest TrustArc News
Feb 23, 2024
TechBullion The GDPR and CCPA have set the benchmark for data privacy laws, revolutionizing how organizations must approach data from collection to processing to storage. GDPR, applicable within the EU and to entities dealing with EU citizens’ data, emphasizes the protection of personal data and the rights of individuals. It mandates stringent consent protocols, data subject rights, and breach notifications. Similarly, CCPA protects California residents by giving them rights over their data, including access to the information held about them, the right to deletion, and the right to opt-out of data sales. Non-compliance can result in severe financial penalties, reaching up to 4% of annual global turnover for GDPR and $7,500 per violation under the CCPA. Beyond the financial impact, non-compliance damages reputation and erodes customer trust. This underscores the need for effective tools for data discovery and classification, essential first steps in identifying and protecting personal information as per these regulations. Key Features of Compliance Tools When evaluating tools for GDPR and CCPA compliance, there are several key features to consider that are integral to managing and protecting data effectively: Automation: Manual processes are often too slow and error-prone to comply with the stringent requirements of GDPR and CCPA. Tools that automate data handling, from collection to deletion, offer a significant advantage. Real-time Data Monitoring and Reporting: The ability to monitor data in real-time allows for immediate action if compliance issues are detected, and comprehensive reporting capabilities are crucial for demonstrating compliance efforts to regulators. Data Privacy Impact Assessments: Conducting regular assessments is a requirement under GDPR and a best practice under CCPA. Tools that facilitate these assessments can help identify risks and mitigate them proactively. Incident Response and Breach Notification: In the event of a data breach, a swift response is critical. Compliance tools should provide incident response planning and support to ensure that notifications are made within the required timeframes. Consent Management: With consent at the heart of GDPR and a significant aspect of CCPA, robust consent management features are essential for compliance. Regular Updates: As privacy laws evolve, so too should compliance tools. Regular updates ensure that organizations can remain compliant with current regulations. These features form the foundation of effective compliance management, providing organizations with the capabilities needed to protect personal data and uphold the rights of data subjects. Flow Security – Seamless Integration for Compliance Management Flow Security emerges as a comprehensive solution designed to simplify the journey towards GDPR and CCPA compliance. At its core, Flow Security recognizes the critical nature of data discovery, offering robust tools that scour an organization’s digital landscape to pinpoint personal data across systems and platforms. This initial step is vital for compliance, as it informs all subsequent data protection measures. Flow Security shines with its ability to monitor data in real time. This surveillance ensures that any potential compliance issues are identified and addressed promptly, minimizing the risk of data breaches and non-compliance. Additionally, the platform is designed to automate compliance reporting, which is essential for maintaining transparency with regulators and stakeholders. The user interface of Flow Security is crafted to be intuitive, allowing teams to implement the platform in minutes with one-click deployment, in minutes, with one-click deployment. This ease of use does not come at the expense of functionality; the tool is robust enough to manage the complexities of GDPR and CCPA compliance while remaining accessible to those who need it most. In the following sections, we will delve into other compliance tools, each offering unique features and benefits, but all with the shared goal of guiding organizations safely through the requirements of GDPR and CCPA compliance. DataGrail – Real-Time Data Mapping for Transparency DataGrail offers a real-time data mapping solution that aligns with the GDPR and CCPA’s stringent requirements for personal data transparency and control. The platform specializes in providing a comprehensive inventory of personal data across an organization’s applications and services, which is fundamental for responding to data subject access requests (DSARs). With the growing volume of DSARs since the enactment of GDPR and CCPA, DataGrail’s automated system for tracking and managing these requests is a significant asset, ensuring that companies can respond within the legal time frame and with full accuracy. DataGrail also emphasizes consent management, a critical element under both regulations. Its automated consent management tools allow organizations to capture, record, and manage user consent preferences efficiently, significantly reducing the risk of consent-related non-compliance issues. Moreover, DataGrail’s platform is engineered to adapt to the ever-evolving landscape of privacy regulations, providing peace of mind that compliance efforts will remain up to date. OneTrust – Versatile Compliance with a Comprehensive Toolkit OneTrust stands as a versatile player in the compliance field, offering a suite of tools designed to address various aspects of GDPR and CCPA compliance. The platform provides privacy impact and risk assessments, helping organizations to identify potential privacy risks and take corrective action proactively. This preemptive approach is essential in maintaining compliance and avoiding the penalties associated with data breaches and privacy violations. Moreover, OneTrust offers a robust consent and preference management system that ensures organizations can keep track of individual consent in a granular fashion, which is paramount under GDPR and increasingly relevant under CCPA. The platform’s incident and breach response capabilities are top-notch, with structured workflows that guide organizations through the process of managing and reporting a breach, in compliance with both the GDPR’s 72-hour notification requirement and the CCPA’s mandates. OneTrust’s commitment to regular updates and its expansive library of templates and resources make it a comprehensive resource for organizations seeking to ensure ongoing compliance with data protection regulations. TrustArc – Streamlined Compliance with Tailored Solutions TrustArc has carved its niche by providing tailored solutions to GDPR and CCPA compliance challenges. Its platform excels in simplifying the complex web of compliance requirements with tools that automate risk assessments, data inventory, and mapping. TrustArc’s Privacy Management Platform is particularly adept at handling the nuances of privacy regulation, offering scalable solutions that grow with an organization’s needs. The service’s privacy profiles enable businesses to customize their privacy operations to align with specific regulatory requirements, an invaluable feature given the global patchwork of privacy laws. TrustArc also provides dedicated tools for managing DSARs, which are becoming an increasingly common challenge for organizations as awareness of data subject rights grows. With a strong emphasis on user experience, TrustArc’s interface allows organizations to manage compliance efforts with clarity and confidence, reducing the administrative burden and allowing them to focus on their core business objectives. Comparing and Choosing the Right GDPR and CCPA Compliance Tool Selecting a GDPR and CCPA compliance tool is a nuanced decision that hinges on several critical factors. Organizations must weigh their options by considering the size of their operations, the specific demands of their industry, and the particular data privacy challenges they face. Each tool in the market offers a unique set of features that cater to different aspects of compliance—some excel with AI-driven automation, while others offer robust data mapping and risk assessment capabilities. Understanding the benefits and potential limitations of these tools is key to making an informed choice. The right tool is not just a necessity—it can serve as a strategic asset, aligning with and enhancing your business’s privacy and data protection strategies. Best Practices in Implementing Compliance Tools Implementing GDPR and CCPA compliance tools effectively requires a strategic approach that is in sync with your organization’s business goals. This strategy should encompass thorough employee training to foster a culture of awareness regarding data privacy. Regular audits and system updates are paramount to adapt to the evolving landscape of compliance regulations, ensuring that your organization remains on the right side of the law. This dynamic approach, coupled with a deep understanding of the tools at your disposal, can lead to a robust and resilient compliance framework. The Future of Compliance: Trends and Predictions As regulations like GDPR and CCPA continue to shape the digital landscape, it’s likely that we’ll see these laws evolve to close gaps and address new privacy challenges that emerge with technological advancements. The role of AI and machine learning in compliance management is expected to grow, providing organizations with more sophisticated tools to manage their data responsibly. These technologies will not only drive efficiency but also provide deeper insights, leading to more proactive and predictive compliance postures. Conclusion Throughout this exploration of essential tools for GDPR and CCPA compliance, we’ve seen how the right technology can make a significant difference in how organizations manage their legal obligations and protect customer data. Investing in suitable tools is not just about avoiding fines—it’s about building trust with customers and creating a privacy-first culture. As we look to the future, the integration of advanced technologies within these tools will likely become a standard, highlighting the importance of staying ahead in compliance management.
TrustArc Frequently Asked Questions (FAQ)
When was TrustArc founded?
TrustArc was founded in 1997.
Where is TrustArc's headquarters?
TrustArc's headquarters is located at 2121 North, Boulevard, Walnut Creek.
What is TrustArc's latest funding round?
TrustArc's latest funding round is Series D.
How much did TrustArc raise?
TrustArc raised a total of $107.5M.
Who are the investors of TrustArc?
Investors of TrustArc include Accel, Baseline Ventures, Icon Ventures, DAG Ventures, Industry Ventures and 3 more.
Who are TrustArc's competitors?
Competitors of TrustArc include Habu, WireWheel, Smarter Contracts, Osano, OneTrust and 7 more.
What products does TrustArc offer?
TrustArc's products include PrivacyCentral and 4 more.
Compare TrustArc to Competitors
OneTrust offers a privacy management platform. It helps organizations manage their privacy compliance obligations. It provides solutions such as privacy management, ethics program management, governance, and policy management, audit and compliance management, and more. The company was founded in 2016 and is based in Atlanta, Georgia.
BigID offers risk management, customer data privacy, and data intelligence solutions. It allows organizations to find, classify, and catalog sensitive data from the cloud to data centers providing solutions such as data lifecycle management, data minimization, data discovery and classification, privacy automation, and more. It provides its services to the healthcare, federal, retail, airline, and automotive industries. The company was founded in 2016 and is based in New York, New York.
Transcend provides a data privacy platform. It develops an end-to-end solution for handling requests to access, erase, update, and transfer personal data and gives users more control over data by making it easier for them to see how applications are using personal data and downloading it. The company was founded in 2017 and is based in San Francisco, California.
Ethyca is a data privacy infrastructure intended to provide tools to developers for data privacy compliance tasks. The company's platform provides a data map charting the location and flow of data across the business, which allows privacy teams to automate the processing of all key privacy compliance tasks. It was founded in 2018 and is based in New York, New York.
Osano is a data privacy management software platform. It provides a data privacy platform that simplifies privacy compliance by helping organizations build, manage, and scale their privacy program. The company was founded in 2018 and is based in Austin, Texas.
InCountry provides data residency-as-a-service and cross-border data transfers. It develops software development kits (SDKs) in a range of popular programming languages so that companies can easily access their customer data to build new apps and services. It serves sectors such as automotive, energy, financial services, and much more. The company was founded in 2019 and is based in Wilmington, Delaware.