CARI.net and Penta Partner to build Penta Privacy Lock

CCPA compliance backed by blockchain

San Diego, California Jun 17, 2021 (Issuewire.com) - CARI.net and Penta Partner to build Penta Privacy Lock 

CCPA compliance backed by blockchain

CARI.net and Penta Partner to build Penta Privacy Lock   

       Penta Privacy Lock is a  data privacy management solution supporting the   California   Consumer   Privacy  Act   (CCPA).   Leveraging blockchain technology to deliver privacy automation and enhanced data inventory management, it is a   comprehensive, commercial package of utilities for businesses and government agencies seeking regulatory compliance under the CCPA, which went into effect in January 2020. Penta Privacy Lock is the first comprehensive solution in the market to respond to this important opportunity and another example of innovative blockchain technology from the Penta Network.

How Penta Privacy Locks solves CCPA compliance reporting requirements

      Penta Privacy Lock (PPL) is a software toolkit focused on automating and simplifying compliance processes for businesses covered by  CCPA. PPL is the first product offering leveraging blockchain technology to provide robust CCPA compliance.  Drawing on years of commercial software development and implementation,  the  Penta team has developed a  sophisticated architecture for PPL  that combines blockchain technology and privacy configured data storage functions.

Penta Privacy Lock is an automation toolkit that includes these core features:

 

• Data Inventory Management

 

Many of the regulatory requirements in the CCPA focus on tracking consumer data as it enters and exits data systems. In order to achieve CCPA compliance, businesses will need to employ robust digital tools to reliably track data flows in and out of the data systems they control. Penta Privacy Lock helps businesses track what information they have collected on customers, in order to comply with CCPA data management requirements. PPL  uses enterprise blockchain technology to track data inventory without ever touching the underlying data, ensuring that consumer information remains private and contained at all times. Data records written to the blockchain may be queried by system administrators in real-time and can be used to generate reports.

 

 

• Data Mapping

 

Penta Privacy Lock uses proprietary data mapping software to tag and tracks consumer information in your databases - without disrupting business operations! Track consumer information between offices, with vendors, and across borders to ensure robust privacy compliance with Penta Privacy Lock.

 

 

• Tracking Consumer Request Processes

 

The  CCPA  has requirements for how businesses handle consumer rights requests.  This can include consumer requests to 'Delete' personal information, 'Disclose' what parties have gained access to personal information, the '12 Month Lookback' provision, and more. It is important for compliant businesses to not only implement workflow processes that satisfy the basic handling of consumer requests but also to document and archive their handling of such requests. Penta Privacy  Lock helps businesses operationalize  Consumer  Request processes by tracking incoming requests and outgoing responses as data points that are tracked on the blockchain ledger of record.

 

 

• Notication Center

 

Manage notices to consumers and updated privacy agreements with PPL's easy-to-use Notification Center. By sending and tracking privacy notifications through the Notification Center, PPL operationalizes the tracking of consumer requests and automates reporting functions.  Businesses eager to avoid manual data retrieval related to CCPA requests will save significant time and resources by managing consumer disclosures and privacy policy updates through this feature.

 

 

• Consent Management

 

Implement consumer consent requests in real-time. PPL automates consent management processes.

 

 

• Auditing & Reporting

 

Audit and report data privacy activities in real-time with Penta's blockchain verified data certificates. PPL's proprietary blockchain certificates offer robust audit trails and defensibility for businesses documenting their CCPA compliance activities.

 

 

• Dashboard and Control Monitoring

 

The Penta Privacy Lock provides dashboard features to help users manage the PPL toolkit and to handle their data privacy concerns.  Dashboards may be customized to accommodate a variety of needs and to improve user experience.

 

Secure infrastructure with CARI.net

Utilizing the power of blockchain is pointless if your data center sells your personal information. This is one of the reasons Penta selected CARI.net to partner with. CARI.net owns and operates data centers in San Diego. CARI.net's data centers are SOC 1 (SSAE-18) Type II Compliant and Certified. These reports, prepared in accordance with Statement on Standards for Attestation Engagements (SSAE) No. 18, Reporting on Controls at a Service Organization, are specifically intended to meet the needs of the entities that use service organizations (user entities) and the CPAs that audit the user entities' financial statements (user auditors), in evaluating the effect of the controls at the service organization on the user entities' financial statements. User auditors use these reports to plan and perform audits of the user entities' financial statements. There are two types of reports for these engagements:

Type 2 - report on the fairness of the presentation of management's description of the service organization's system and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives included in the description throughout a specified period.

    Type 1 - report on the fairness of the presentation of management's description of the service organization's system and the suitability of the design of the controls to achieve the related control objectives included in the description as of a specified date.

How Penta Privacy Lock solves CCPA compliance

PR Contact Mike Dowdy

(858) 751-1940

[email protected]

For more information on the Product:

https://www.cari.net/services/blockchain/penta-privacy-lock

Media Contact

CARI.net

[email protected]

858 751-1940

8915 Complex Drive San Diego CA 92108

https://www.cari.net/

Source :Penta Networks

This article was originally published by IssueWire. Read the original article here.