Agiliance announces a new application for privacy management

Sep 17 2009

Agiliance, Inc., the leader in integrated Governance, Risk and Compliance (GRC), today announced the Agiliance Privacy Manager to the current suite of GRC applications. This application enables organizations to manage privacy compliance, reduce risk and demonstrate due diligence by proactively assessing privacy risks. The Privacy Manager is fully integrated on the Agiliance RiskVision platform and provides automation assistance for key privacy management tasks of data classification, privacy compliance assessments, privacy impact assessments (PIA), privacy policy awareness and attestation as well as privacy incident management and reporting.

Agiliance Privacy Manager provides critical automation technologies for organizations determined to meet multiple government privacy mandates and manage privacy related risks across a large number of heterogeneous systems and processes. Agiliance Privacy Manager enables enterprises to perform compliance or impact assessments using an interactive web based application, distribute privacy policies and measure privacy risk, compliance, awareness and manage privacy incidents with closed loop mitigation.

"Compliance with privacy mandates can be daunting for any organization, but protecting sensitive information is vital for healthcare providers," said Scott Crawford, Managing Research Director with Enterprise Management Associates. "Tools such as Agiliance help streamline the management of privacy obligations on every level, from state and local rules to federal mandates such as the Health Insurance Portability and Accountability Act (HIPAA), enabling organizations to go beyond simply trying to keep up with compliance requirements and focus on the deployment of effective privacy controls where they're most needed."

"A successful risk management program must manage all major risk exposures which can include financial risks, third-party risks, IT risk and certainly privacy risks," said Michael Rasmussen, President of Corporate Integrity. "Privacy risk is one risk area that has been lagging in terms of both customer investment and vendor solution offerings. The recent increased interest level in privacy best practices and solutions is a long overdue and welcomed change for companies that are serious with managing their risks."