Managing the privacy of customers and their data is important to build trust with customers. With privacy management software, users can securely manage their customers’ data and profiles without having them compromised. Here are some of the best privacy management software available right now.
10+ Best Privacy Management Software
1. Secure Privacy
2. MetaCompliance
3. Segment
4. Transcend
5. AuditRunner
6. Soveren
7. Seers Cookie Consent
8. Secuvy
9. UniConsent
10. Vendict
11. IDcentral
What Is Privacy Management Software?
Privacy management software is a data management software that provides companies the tools to manage and secure their data from their customers and other data subjects. The software includes various cyber security tools to ensure data doesn’t get leaked or accessed by unauthorized users.
Benefits
Privacy management software helps companies to strengthen their compliance with data privacy laws and regulations. The software also helps automate certain processes that can increase data visibility and strengthen reporting capabilities to manage their privacy policies in place for the company. The data privacy management software provides a centralized dashboard for easy viewing and management of data privacy with tools such as data discovery and data mapping. The data discovery within the software provides automation methods that help to automate certain tasks such as survey-based data discovery. The software also provides additional features such as identity verification and privacy impact assessment that help them to analyze the performance of their data privacy management. The software also provides privacy policy generation and website tracking tools that help them maintain and enforce data privacy policies. The software also includes cyber security tools such as alerting data breach notifications when databases containing secure data have been compromised.
Features
Privacy management software should provide data classification tools such as data mapping and data discovery to secure sensitive data. The software should be able to allow data subject requests from customers requesting to see their profile data stored by the company. The privacy manager software should integrate with various secure third-party verification software such as identify certification. The software should also provide monitoring tools to help keep track of how their data is being used such as website tracking scanning software and consent management software. The software should also include cyber security tools such as breach notification capabilities that notify companies that their database has been compromised.
- Data classification tools
- Data mapping and data discovery tools
- Integrate with third-party verification software
- Data tracking tools
- Cyber security tools
- Process data requests
Top 10 Privacy Management Software
1. IDcentral
IDcentral provides customer identification software that is easy to use and credible with its comprehensive cyber security tools.
2. Segment
Segment helps companies automate their data privacy as it helps keep their customer data private and secure with its data inventory software. Segment has 691 employees and earns annual revenue of $122.9 million.
3. Soveren
Soveren helps businesses to protect their data to strengthen customer trust and avoid loss in revenue and regulation penalties. Soveren has 530 employees and earns annual revenue of $116.6 million.
4. AuditRunner
AuditRunner provides risk, compliance, and quality software that contains low-code audit features that can work in on-premises and cloud-based situations. AuditRunner has 200 employees and earns a revenue of $42 million.
5. MetaCompliance
MetaCompliance allows companies to make cyber security and data protection simple for the employees which helps them build awareness of cyber security threats. MetaCompliance has 134 employees and earns annual revenue of $19.4 million.
6. Transcend
Transcend’s privacy infrastructure software is reliable with the zero-trust architecture capabilities that make it easier for companies and users to strengthen their privacy. Transcend has 92 employees and earns annual revenue of $17 million.
7. Secuvy
Secuvy’s contextual intelligence software allows companies to make privacy management simple with its data governance capabilities. Secuvy has 34 employees and earns a revenue of $6 million.
8. Seers Cookie Consent
Seers Cookie Consent’s consent management software allows companies to manage their sensitive and consent data effectively. Seers have 27 employees and earn annual revenue of $7.3 million.
9. UniConsent
UniConsent’s consent management software provides extensive compliance management tools to help companies to comply with privacy regulation laws. UniConsent has around 25 employees and earns a revenue of around $5 million.
10. Secure Privacy
Secure Privacy allows companies to verify their web services with their data privacy and cookie consent compliance software. Secure Privacy has 6 employees and earns annual revenue of $870,000.
FAQ
Who would use privacy management software in a company?
Privacy managers are usually the primary users of privacy management software as the software provides robust solutions to improve the workflow and management of privacy of their employees. The software is also used by IT cybersecurity teams to help protect their employees online.
Does privacy management software provide tools for companies to comply with country or region-specific regulation laws?
Yes. Privacy management software allows companies to comply with country or region-specific data privacy regulation laws, making it easy for companies to comply with their local regulation laws on privacy management as opposed to a “one size fits all” approach that would cause legal disruptions due to different laws in place over privacy management.
How much does privacy management software cost?
Pricing for privacy management software can range from $10 per month to $750 per month or more with some software offering custom pricing which increases its pricing as it offers more features through subscription tiers. Pricing for privacy management software varies depending on the features available and the intended users. Small companies may benefit from free or low-cost privacy management software while large companies may benefit from a high-cost privacy management software.
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