Onna, maker of Knowledge Integration platform has launched a compliance tool to help organizations discover, identify, and classify sensitive data like personally identifiable information (PII) across multiple cloud repositories and applications and set automation rules to comply with data privacy laws.
Knowledge integration, management and e-discovery company Onna announced the launch of Onna Compliance for the regulatory market. The solution, rolled out recently at Box World 2020 is built on its Knowledge Integration Platform and helps find sensitive data residing in cloud-based applications like Box, Dropbox, Salesforce, Slack and Gmail.
Onna entered the data and knowledge integration space in 2015 when it set out to consolidate unstructured data onto a single platform. Over the past few years, the New York and Barcelona headquartered data integration platform has made its way into legal and regulatory compliance.Â
As demand for greater regulatory compliance surged due to data protection and privacy regulations like GDPR and CCPA, organizations had to strengthen existing procedures to regulate communications based on customer locations, preferences and content. Against this backdrop, Onna found pockets of growth and augmented its current set of tools that solved data fragmentation problems with machine learning-based compliance.Â
Onna Compliance is a machine learning-based solution that enables users to locate, identify, classify and categorize different types of data, including personally identifiable information, across multiple apps. It currently supports and syncs with more than 20 applications and data repositories through connectors. Data discovered and imported through connectors is then indexed and classified using natural language processing (NLP). Â
Kelly Griswold, Chief Strategy Officer at Onna told DatanamiOpens a new window , “The ones that we’re seeing most demand for right now are typically falling in the legal, compliance, and security spaces, as well as general information governance and knowledge management, which ties into the more horizontal applications and search.â€
Remote work turned out to be another driver accelerating the need for compliance at scale. With more teams collaborating remotely, corporate knowledge is more siloed than ever before. “Having an intelligent Knowledge Integration Platform empowers these organizations with the ability to search, classify, understand, and control sensitive data, providing them with the critical tools needed to maintain the highest possible standards of compliance,†Eric Liou, VP of Product at Onna told Toolbox.Â
See Also: Data Privacy Regulations and How They Affect More Than Data Companies
As consumers become more privacy-aware, organizations need to be mindful of exactly what they are sharing, not just to avoid regulatory action, but also to ensure that organizational integrity is maintained and customer trust isn’t eroded.Â
“As regulatory policies, compliance demands and privacy standards across the globe tighten, organizations are struggling to maintain a grasp of their teams’ data across a rapidly growing number of cloud applications,†Liou added.Â
Earlier this year in June, the company raised $27 millionOpens a new window in Series B led by Atomico.
Let us know if you liked this news on LinkedInOpens a new window , TwitterOpens a new window , or FacebookOpens a new window . We would love to hear from you!