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A cloud-based solution designed for organizations that want to ensure that their third-party data processors are operating in compliance with data privacy requirements
A recent third-party breach report by SecurityScorecard shows that 35.5% of all data breaches in 2024 originated from third-party compromises. Not only is this alarming, but these vendor risks can severely damage your business operations and reputation.
Are you in the market for a cloud-based solution that ensures your third-party data processors comply with data privacy requirements? Read on to find out why Aravo is one of the best solutions in the game for data protection, especially when you start outsourcing to vendors.
Aravo for Data Privacy Compliance is a cloud-based solution designed for organizations that want to ensure that their third-party data processors are operating in compliance with data privacy requirements, including those set out in the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), and the New York Division of Financial Services rule under 23 NYCRR Part 500.
Regulators across the globe are placing additional emphasis on data privacy. Most organizations have third parties (and fourth parties and beyond) touching client or employee data in some way.
Aravo is a leading platform designed to help organizations manage third-party risk and compliance at scale. Below is a step-by-step look at how it works in practice.
Aravo’s Intelligence-First™ platform combines AI, broad risk intelligence, and end-to-end lifecycle management to give TPRM teams unmatched visibility, agility, and control across third-party ecosystems.
Aravo Named a Leader in the Gartner® Magic Quadrant™ for Third-Party Risk Management Tools for Assurance Leaders
READ PRESS RELEASENow that you know how Aravo works and how it benefits you, consider what our customers have to say about our data privacy management software.
“Aravo is an excellent tool for managing end-to-end processes, with tailored workflows, emails, and chase cycles built in to the automated system capability. Aravo’s strength for me lies in its traceability and high level of automation. Aravo is a highly customizable and versatile system.”
– Social Accountability Manager, Global Manufacturing Firm
“The Aravo solution delivered meets our complex, global needs for screening third parties for 3 risk areas, collecting and validating supplier information required to support our procure-to-pay transactional processes, and integrating that information with our SAP ERP system.”
– Financial Services & Solutions Associate Director, Manufacturing Firm
“We have used Aravo for eight years now, and it has been the backbone of our supplier information and compliance processes. Aravo themselves are excellent to work with and have been highly supportive and understanding of our business goals.”
– Lead IT SME,
Program and Portfolio Management,
Manufacturing Company
Aravo’s combination of out-of-the-box third-party data privacy capabilities and the ability to include any client-defined assessment for local requirements helps organizations identify third-party processors in scope with regulations and ensure the right controls for data management, processing, security, and breach reporting are in place.
Choosing Aravo means gaining greater visibility, control, and efficiency across your vendor ecosystem. Below are the key benefits and how it works.
With Aravo for Data Privacy, you demonstrate a commitment to data privacy throughout your third-party supply chain. Benefits include:
Real-time reporting and complete auditability mean you can demonstrate compliance to the board, senior management, auditors, and examiners.
All data and documents are in one system to support execution, deliver comprehensive reporting, and ensure accountability.
Be informed of breaches through vendor self-reporting and report them to the appropriate authorities in the required format within the legally required time frames.
Easily extend and adapt as business conditions, policies, and privacy regulations evolve.
When choosing a data privacy compliance platform, you’re not just buying a tool. You’re choosing a solution that will sit at the core of your data governance, risk, and regulatory strategy. Here’s what to look for: