Percona Implements OneTrust Vendorpedia for Third-Party Risk Management
OneTrust Vendorpedia, the largest and most widely used technology platform to operationalize third-party risk management, announced Percona is using the platform to revamp and automate its third-party risk management program. In addition to using OneTrust Vendorpedia for third-party risk management, Percona also partnered with OneTrust to deliver on PIA/DPIA Automation, Data Mapping Automation, Data Subject Rights Management, as well as Incident and Breach Management.
Read the Case Study: Percona Restructures Their Third-Party Risk Management Program with OneTrust Vendorpedia
In supporting a global customer base across sectors and regulatory frameworks, Percona supports production scope data for its customers, including personal data and sensitive information like medical and financial records. Because of this, it’s not only important that Percona implements the proper third-party, security and privacy controls to protect vendor information internally, but also that the company holds their third parties and affiliate network to these same standards.
“In 2018, third-party security and privacy risk management became a key corporate initiative for Percona and it still is today given the shifting regulatory environment,” said Travis Futas, Senior Compliance Manager at Percona. “As we continue to pursue enterprise customers, we recognize the need for a flexible and automated platform to help us manage compliance operations and support security audits. That’s where OneTrust comes in.”
“Percona’s commitment to holding their third parties accountable for security and privacy compliance strategically sets the business apart as a trustworthy partner with their customers,” said Kabir Barday, CEO at OneTrust. “As Percona continues to expand on their existing compliance operations, OneTrust remains committed to providing the most intuitive and practical solution that meets the distinct third-party risk management needs of businesses today.”