OneTrust Announces AI-Driven Document Classification to Enhance Data Governance and Security
OneTrust has recently announced the development of an artificial intelligence (AI)-driven document classification system to help organizations more accurately and completely identify and classify unstructured data. The new technology enables organizations to automatically apply governance and protection policies after identifying sensitive data and significantly reducing the risk of leakage and cyber-attacks. The announcement is a significant addition to OneTrust‘s existing Data Governance suite, allowing organizations to use AI to classify large amounts of data effectively.
Ensuring Responsible Data Usage and Governance
Data sprawl and lack of visibility into sensitive data across an organization can put that data at risk and can affect the financial and reputational standing of the organization. AI-powered data classification can analyze entire file content and context with a quick and accurate labeling process. OneTrust’s solution uses AI to analyze patterns and terms present in an unstructured file. The system not only identifies terms and classifications but also the type of file such as resumes, financial statements, source code, and medical records. Consequently, through tagging and categorizing documents, it is easy to avoid circumstances that could lead to consequences like data breaches and legal penalties.
Automating Data Policies
OneTrust‘s AI-driven document classification provides the capability to automate retention policies, which helps remove manual interventions to some extent. It helps to funnel different files and documents through targeted retention policies, including medical records and resumes, ensuring compliance with all data regulations and deletion after the expiry of retention policies. Furthermore, it can allow employees to only store necessary data and help organizations reduce their data footprint.
Next Steps for Organizations
Intelligent data discovery and classification is a crucial first step for organizations in their efforts towards responsible data usage and governance. OneTrust‘s document classification technology can significantly reduce data risk for an organization by reducing manual interference and increasingaccuracy. Organizations can adopt AI-powered data classification to minimize the data footprint and reduce their reliance on manual labor for data management.
Conclusion
The AI-based classification system from OneTrust is an essential addition to any organization looking to automate data classification, better understand their data and data usage policies efficiently. As this technology evolves, OneTrust seems well placed to deliver further solutions to improve data privacy and management and address the challenges that organizations face in the modern world.
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