A British technology company, dramds.com ltd., is offering an app that it says can help brands avoid compliance problems.
The new product, DataGovernanceApp, protects firms against non-compliance claims from regulators and customers, the company says.
The app works on mobile phones, tablets, laptops, and desktops, and is configured to meet regulatory frameworks such as ISO 27001, Cobit 5, COSO, Generations of Basel and SOX, it adds.
DataGovernanceApp creates an audit trail for regulators via time-stamped emails.
DataGovernanceApp can produce “a risk or controls certification pack routinely and email out via your own servers," says Anthony McDonagh-Smith, director of dramds.com.
It was not clear when or if the technology will be available in the U.S.