LightBeam Provides Privacy Compliance Module

LightBeam.ai is offering a new privacy module, PrivacyOps, at no cost to help firms comply with privacy laws on the state, national and international levels.  

The goal is to “enable every business to expand and grow to its fullest potential,” says Himanshu Shukla, co-founder and CEO of LightBeam. 

Shukla adds: “CEOs and CXOs should not have to study the fine print of privacy regulations, assess vendors, spend money - all just to be ready for an eventual data subject request.”

The PrivacyOps Pro module provides quarterly Records of Processing Activities (RoPA) reports. In addition, it allows businesses to respond to up to 25 Data Subject Rights requests per year at no charge.

The United States lacks a federal privacy law and businesses must cope with a variety of laws in states such as California, Colorado, Connecticut, Utah, and Virginia. Often, they must hire third-party consultants to figure out the paperwork involved. 

In addition, marketers face a plethora of regulation on the international front, including GDPR and national laws in the U.K., Canada and the United Arab Emirates.

“A fragmented privacy regulatory environment has encouraged rent-seeking behavior from unscrupulous groups looking to maximize this complexity to their advantage,” says Mark Pilon, vice president of business development at ITI, Canada. 

“It is ludicrous that businesses are often asked to pay tens to hundreds of thousands of dollars just for the privilege of filling out forms every quarter. LightBeam’s offer empowers businesses to pursue growth with the confidence of complying with data privacy regulations,” Pilon says.

“A typical financial institution could have many applications with both structured and unstructured data,” adds Matt Davis, manager of information security at ESL Federal Credit Union. “LightBeam’s approach of providing a holistic sensitive data operating system gives us visibility, helps contain exposure, and automates compliance.”

 

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