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TrustArc Wins Gold Stevie® Award in 2018 International Business Awards®; Also Named a Finalist for 2018 SaaS AwardsLeading Data Privacy Management Platform Recognized as the Best Governance, Risk & Compliance Solution SAN FRANCISCO, Aug. 16, 2018 /PRNewswire/ -- TrustArc, the data privacy management company, today announced that the TrustArc Data Privacy Management Platform has been recognized by two organizations, further validating it as the leading privacy compliance and risk management solution. It was named the winner of a Gold Stevie® Award in the Best New Product or Service of the Year — Software, in the Governance, Risk & Compliance Solution category in The 15th Annual International Business Awards®. In addition, the TrustArc privacy platform has also been shortlisted as a finalist for the 2018 SaaS Awards in the Best Security Innovation in a SaaS Product category. "We are honored to receive these award recognitions for our SaaS privacy management platform," said Chris Babel, CEO of TrustArc. "Our technology is constantly evolving in tandem with the rapidly changing regulatory landscape to enable our customers to meet challenges and scale their compliance with global regulations such as the EU GDPR, EU–US Privacy Shield and APEC CBPR." 2018 International Business Awards, Also Known as the "International Stevies" Stevie Award winners were determined by the average scores of more than 270 executives worldwide who participated on 12 juries. "This year's Stevie Award winners in the IBAs are the most distinguished group of winners we've had yet," said Michael Gallagher, president and founder of the Stevie Awards. "We raised the minimum average score from the judges required to qualify as a Stevie winner, so 2018 winners should be especially proud of their achievements. We look forward to presenting their Stevies to them in London on October 20, and to telling their stories over the coming year through Stevie Awards media." Judges' commentary on the TustArc Data Privacy Management Platform includes: "The system is impressive considering it increases productivity, reduces costs and provides compliance assurance." "In the world of compliance, this is an exciting solution!" "This product addresses an important need in the marketplace and has been designed with some future-proofing and attention to other privacy requirements beyond GDPR." Finalist: Best Security Innovation in a SaaS Product, SaaS Awards Under today's global privacy regulations, companies rely on technology to automate compliance processes in order to reduce cost. TrustArc's SaaS Privacy Platform meets the needs of the marketplace by automating compliance processes with embedded privacy rules. The willingness of major corporations to manage and report their sensitive data using the TrustArc SaaS platform marks the next step in companies becoming more comfortable with cloud security. SaaS Awards and Cloud Awards organizer Larry Johnson said, "All entrants demonstrated considerable commitment to innovation in software solutions, and to make the shortlist itself is a huge achievement. With such a concentrated level of success in the shortlist, our judges have a significant task ahead of them to arrive at our final award winners." For more information about the TrustArc Data Privacy Management Platform, please visit: https://www.trustarc.com/products/privacy-platform/ About TrustArc About the Stevie® Awards Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA. About the SaaS Awards Photo - https://mma.prnewswire.com/media/730814/Stevie_Gold.jpg
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