How do you or your organization use this solution?
Please share with us so that your peers can learn from your experiences.
We use this solution for the management of our Privacy Program with a single solution. It helps to show compliance with regulations like GDPR, or CCPA. Vendor Risk Management was one of the main modules we wanted, but having the benefit of additional solutions within the same platform was what convinced us to go with OneTrust. In particular, we were interested in Application inventory, Records of Processing Activities, Website Scanning and Cookie Compliance, Incident Response, Data Mapping, and Assessment Automation. The Data Subject Request Module is very helpful to deal with requests and automate data collection. OneTrust also includes Maturity and Benchmark assessments.
What does vendor risk management involve on a practical level? What tools are recommended for this?