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Privitar Announces General Availability of Privitar Modern Data Provisioning PlatformPrivitar today announced the general availability of the Privitar Modern Data Provisioning (MDP) Platform, a new data security platform designed to help organizations maximize their use of data effectively and responsibly, within their organizations and beyond. The Privitar Modern Data Provisioning Platform uses a policy-based approach that enables organizations to comply with privacy regulations and protect customer trust with security and privacy capabilities built into data operations. The Privitar Modern Data Provisioning Platform accelerates access to data through streamlined, repeatable, and scalable processes to register new data assets, assemble policies, and approve access requests. Policies are defined in the platform's control plane with decoupled enforcement points available in a variety of data planes supporting a range of data processing patterns including high-volume batch for data lakes and warehouses and dynamic queries for SQL-based stores. The introduction of the Privitar Modern Data Provisioning Platform comes at a time when businesses are facing unprecedented increasing regulatory oversight and mounting consumer pressure. By year-end 2024, Gartner predicts that 75% of the world's population will have its personal data covered under modern privacy regulations adding urgency to the need for organizations to ensure that their data is properly safeguarded, while also maintaining its utility to drive innovation and efficiency. "We know that businesses get the best outcomes from their data when they address data security and privacy within data provisioning processes," said Jason du Preez, CEO of Privitar. "We have built the Privitar Modern Data Provisioning Platform to streamline that process and to help businesses operate more effectively. Our policy-centric approach to data provisioning enables users to get safe and meaningful data into the hands of those who need it when they need it. This is a new paradigm that uses context-aware policies to accelerate access to data without compromising on utility, risk, compliance, or customer trust." The Privitar odern Data Provisioning Platform enables self-service access to data for all users and applications by combining automated workflows for data registration, policy assembly, and access approval with policy-based data security and privacy controls. Businesses can use their data to innovate and achieve greater efficiency while maintaining customer trust and complying with data privacy, data sovereignty, and industry data protection regulations. The Privitar Modern Data Provisioning Platform streamlines collaboration between key stakeholders, including data owners who are accountable for the use of data in their care; data guardians who are responsible for the legal and ethical use of data; and data consumers who ultimately need to access and analyze data to provide insights that drive innovation. The Privitar Modern Data Provisioning Platform brings these stakeholders together to eliminate delays in getting access that is safe and useful. Key new offerings of the Privitar Modern Data Provisioning Platform include:
"Our mission is to help organizations use all of their data- at speed and scale- in ways that are trustworthy in the eyes of customers, and compliant with relevant regulations and standards," added du Preez. About Privitar Privitar empowers organizations to use their data safely and ethically. Our modern data provisioning solution builds collaborative workflows and policy-based data privacy and access controls into data operations. Only Privitar has the right combination of technology, regulatory expertise, and best practices to support modern data innovation initiatives while navigating regulations and protecting customer trust. Founded in 2014, Privitar is headquartered in London, with regional headquarters in Boston and locations throughout the US and Europe. For more information, visit www.privitar.com.
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