LONDON and BOSTON – July 12, 2022- Privitar, the chief in fashionable knowledge provisioning, immediately introduced it has acquired Kormoon, a software program platform that helps organizations handle the complexities of information privateness rules by analyzing knowledge utilization, assessing danger, and automating compliance. Kormoon’s highly effective know-how will likely be used to increase the performance of Privitar’s market-leading knowledge privateness and provisioning choices, including new capabilities to rapidly allow organizations to grasp and adjust to the principles governing knowledge.
“Utilizing knowledge in a lawful and compliant approach is commonly difficult, sluggish, and costly. Navigating the advanced internet of information privateness, knowledge sovereignty, and industry-specific rules is extremely difficult,” stated Jason du Preez, CEO and co-founder of Privitar. “With the acquisition of Kormoon, Privitar is reinforcing our dedication to serving to organizations use all of their knowledge safely, ethically and in a compliant method. Kormoon makes navigating knowledge compliance extremely easy. By combining Kormoon with Privitar’s world-class knowledge privateness and fashionable knowledge provisioning options, we’re enabling knowledge executives to streamline and automate compliance to ever-changing privateness guidelines and rules.”
Kormoon calculates, communicates, and automates the steps to adjust to related knowledge guidelines together with knowledge privateness and safety, knowledge localization, and cross-border switch necessities. These embody knowledge compliance guidelines and necessities from all over the world together with Europe’s GDPR, Brazil’s LGPD, USA’s HIPAA and CCPA, and likewise new and rising legal guidelines in nations such because the UAE, Saudi Arabia, China, India, and past. Combining highly effective automation know-how and inputs from knowledgeable advisors to evaluate a corporation’s stage of danger, the Kormoon answer offers a simplified workflow to make sure necessities are met. Kormoon’s prescriptive steerage makes it easy for customers to offer particulars in regards to the knowledge a corporation collects, the place they accumulate, entry, and use it, and the info’s goal, then recommends clear steps and actions for attaining knowledge compliance.
“Kormoon’s platform goals to enhance time and value effectivity of offering knowledge privateness and safety recommendation to companies worldwide. We assist organizations perceive and carry on prime of information compliance guidelines by offering them with a easy workflow, entry to recurrently up to date data, and a cheap strategy to perceive what it’s that they should do,” stated Paul McCormack, founding father of Kormoon. “By uniting with Privitar, we’re empowering organizations with a one-stop-shop that ensures that their knowledge is secure, compliant, and accessible for choice making.”
About Privitar
Privitar empowers organizations to make use of their knowledge safely and ethically. Our fashionable knowledge provisioning answer builds collaborative workflows and policy-based knowledge privateness and entry controls into knowledge operations. Solely Privitar has the fitting mixture of know-how, area experience, and greatest practices to assist data-driven innovation whereas navigating rules and defending buyer belief.
Based in 2014, Privitar is headquartered in London, with regional headquarters in Boston and places all through the US and Europe. For extra data, go to www.privitar.com.
About Kormoon
Kormoon is a software program platform that calculates, communicates, and automates the steps professionals must take to adjust to related knowledge guidelines, together with knowledge privateness and safety, knowledge localization, and cross-border switch necessities.
