OneTrust, the AI-ready governance platform, has officially announced a series of new capabilities to help governance teams address the complexity and speed associated with AI.
To understand the significance of such a development, we must take into account a recent report from OneTrust, where it was revealed that governance teams reported a 37% increase in the time they spent managing AI risk this year.
Talk about these new capabilities on a slightly deeper level, we begin from OneTrust Third-Party Risk Agent, which makes it possible for users to identify critical risks in minutes. You see, traditional third-party risk assessments are manual and slow, requiring tedious project management that can go on for weeks or even months, wasting resources and delaying third-party selection and onboarding.
Against that, OneTrust Third-Party Risk Agent targets the most painful bottlenecks to automate intake, accelerate assessment, summarize key findings, flag risks and issues, as well as guide monitoring and response to critical risk events. Such a mechanism allows for users to quickly validate findings, and at the same time, inform third-party selection with confidence.
Next up, we have an OneTrust Privacy Agent coming into play. For better understanding, Privacy Impact Assessments (PIA) have long required privacy professionals to spend hours gathering documents, interviewing stakeholders, and filling out lengthy questionnaires to create business context.
On the flipside, OneTrust’s Privacy Agent arrives on the scene bearing an ability to analyze project documents and convert them into structured assessment responses within minutes. Thanks to scalable knowledge of past assessments, the stated agent empowers privacy teams to accelerate reviews with consistency, context, and confidence.
Another detail worth a mention is rooted in the availability of continuous AI governance synchronization with Databricks unity catalog, something which bestows upon governance teams the real-time AI project information they need.
Going by the available details, continuous synchronization of AI projects between OneTrust and Databricks really goes the distance to award governance teams centralized, real-time visibility into AI development, helping them track what is being built, where it lives, and what data it touches.
This native integration ensures that any model registered in Databricks Unity Catalog is also available in OneTrust to create a single source of truth.
Beyond that, there is a solution marketed under the name of Privacy Automation Discovery, which can reduce the manual, time-consuming work of discovering and classifying personal data, while simultaneously giving privacy teams faster, more accurate visibility into how data is used across the business.
From a practical standpoint, OneTrust platform automatically discovers and monitors structured and unstructured data stored in databases, buckets, blob storage, other cloud sources, and file shares. Once assets are discovered, automated data classification installs business context across the privacy team’s data map so to close the gap between business and technical understanding of data use in the organization.
Making the given development even more significant would be OneTrust’s stature, considering more than 14,000 customers globally, including over half of the Fortune 500, rely on the company to pursue innovation responsibly.
“AI is creating powerful new engines for efficiency, decision-making, and innovation,” said DV Lamba, Chief Technology Officer at OneTrust. “Governance professionals can lead this transformation by defining AI’s role in risk management, compliance, and governance. OneTrust has built a governance platform to address the breadth of challenges AI introduces across the tech stack. With capabilities spanning automated workflows to AI agents and more, OneTrust is making continuous governance possible and giving organizations the operational catalyst they need to thrive in the AI era.”
