Penta Privacy Lock provides a privacy compliance solution that maps data systems without collecting customer data, ensuring adherence to global privacy regulations. The platform automates consent management and data subject access requests, enabling businesses to efficiently manage privacy processes across multiple jurisdictions.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses face increasing complexity in complying with global data privacy regulations, requiring them to map data systems, manage consent, and process data subject access requests (DSARs) across multiple jurisdictions. Existing solutions often collect and process customer data, raising additional privacy concerns and potentially increasing compliance burdens.
Solution
Privacy Lock offers a privacy compliance solution that maps data systems without collecting or processing customer data, ensuring adherence to global privacy regulations. The platform provides tools for creating dynamic consent management processes tailored to different markets and business lines. It automates DSAR reports with flexible layouts for multiple jurisdictions and offers robust auditing features for regulatory processes and filing forms. By integrating seamlessly with existing data systems, Privacy Lock streamlines privacy management and enhances consumer trust.
Target Audience
Privacy Lock targets businesses, including banks and fintech companies, that must comply with global data privacy regulations and want to streamline their privacy management processes without compromising customer data.
Features
- Data mapping without collecting customer data
- Dynamic consent management tools for different markets
- Automated DSAR report generation with flexible layouts
- Robust auditing features for regulatory processes
- Prebuilt integrations and compatibility workflows for popular software tools
- Specialized toolkit for compliance with the Washington My Health My Data Act
- Dashboard for tracking privacy analytics across markets