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Agiliance Announces Unified Privacy Management Solution

Agiliance Privacy Manager is a unified privacy management solution that helps organizations manage compliance on an integrated and singular platform
San Jose, California, September 16, 2009 - Agiliance Inc., the leader in integrated Governance, Risk and Compliance (GRC), today announced the Agiliance Privacy Manager to the current suite of GRC applications. This application enables organizations to manage privacy compliance, reduce risk and demonstrate due diligence by proactively assessing privacy risks. The Privacy Manager is fully integrated on the Agiliance RiskVision platform and provides automation assistance for key privacy management tasks of data classification, privacy compliance assessments, privacy impact assessments (PIA), privacy policy awareness and attestation as well as privacy incident management and reporting.

Agiliance Privacy Manager provides critical automation technologies for organizations determined to meet multiple government privacy mandates and manage privacy related risks across a large number of heterogeneous systems and processes. Agiliance Privacy Manager enables enterprises to perform compliance or impact assessments using an interactive web based application, distribute privacy policies and measure privacy risk, compliance, awareness and manage privacy incidents with closed loop mitigation.

"Compliance with privacy mandates can be daunting for any organization, but protecting sensitive information is vital for healthcare providers," said Scott Crawford, Managing Research Director with Enterprise Management Associates. "Tools such as Agiliance help streamline the management of privacy obligations on every level, from state and local rules to federal mandates such as the Health Insurance Portability and Accountability Act (HIPAA), enabling organizations to go beyond simply trying to keep up with compliance requirements and focus on the deployment of effective privacy controls where they're most needed. "

"A successful risk management program must manage all major risk exposures which can include financial risks, third-party risks, IT risk and certainly privacy risks," said Michael Rasmussen, President of Corporate Integrity. "Privacy risk is one risk area that has been lagging in terms of both customer investment and vendor solution offerings. The recent increased interest level in privacy best practices and solutions is a long overdue and welcomed change for companies that are serious with managing their risks. "

Features of the Agiliance Privacy Manager include:

  • Privacy Reports and Dashboards - to manage privacy risk through a real-time dashboard and automated report generator to support reporting on privacy compliance and impact assessments
  • Common Control Framework - to reduce compliance costs and improve efficiency by enabling mapping of privacy controls across multiple laws and regulations
  • Privacy Compliance Assessment - to support assessment and reporting against specific privacy laws and regulations
  • Privacy Impact Assessment (PIA) - to support detailed identification, mitigation, and reporting of privacy risks
  • Privacy Policy Awareness - to distribute privacy policies and measure policy awareness
  • Privacy Incident Management - to report, prioritize, track and mitigate privacy incidents

    The Agiliance Privacy Manager is an application based on the RiskVision Platform, an integrated, purpose-built GRC platform that offers an agile, modular approach to deploying GRC. Organizations can start with a single application and configure or deploy additional applications as needed. RiskVision is comprised of seven key GRC applications including: Privacy Manager, Policy Manager, Compliance Manager, Enterprise Risk Manager, Vendor Risk Manager, Threat and Vulnerability Manager and Incident Manager.

    About Agiliance Agiliance (www. agiliance. com), founded in 2005, is a leading provider of enterprise Governance, Risk and Compliance (GRC) solutions. The Agiliance GRC solution enables organizations to manage their IT and operational risks more effectively, while reducing the cost of meeting compliance mandates. Agiliance RiskVisionTM is a fully integrated suite of GRC solutions, delivered on a purpose-built GRC technology platform. Global Fortune 5000 companies leverage Agiliance's award-winning technologies to address increasingly stringent GRC requirements and complex security threats. The Agiliance RiskVision platform offers an agile, modular approach to deploying GRC so that customers can meet mounting requirements. RiskVision has received the highest rating of "Strong Positive" in the latest Gartner MarketScope for IT-GRCM, as well as the highest rating of "Leader" in the latest Forrester Wave for IT Risk and Compliance Software. With strong backing from leading technology venture funds, Agiliance has established a premiere market position and has set a strong track record of production innovation in GRC.