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Osano Unburdens Businesses by Automating CCPA Compliance

January 14, 2020 GMT

AUSTIN, Texas--(BUSINESS WIRE)--Jan 14, 2020--

Osano ​, a company building the first platform for data privacy transparency, has automated the compliance process for the California Consumer Privacy Act (CCPA). A week into activation, the CCPA is already a notoriously contentious and dense set of laws. By automating data privacy for businesses, Osano relieves the cognitive overhead on businesses and sets them up for a productive decade ahead.

Activated January 1, 2020, the CCPA enables California residents to demand the sharing or deletion of data held by businesses that meet certain revenue, data-sharing or sales thresholds. Non-compliant businesses face enforcement, fines and lawsuits. Compliance, however, requires a level of data monitoring and governance unavailable to the average business—until Osano, recently awarded a $5.4M Series A round, launched the platform that solves the problem.

California’s Regulations Fill the Gap Created By Lack of National Privacy Legislation

“The definition of personal information under the CCPA is broad,” said Osano Chief Privacy Officer Dennis Dayman. “Yet the lack of any other national privacy legislation has made the CCPA a de facto law of the land. Most companies don’t understand how many elements can contain personal information on either a website or an app. At Osano, we live and breathe data privacy, and have created a platform that removes the onus of governance so that business leaders can do what they do best—run the company.”

Already established internationally as a safeguard for GDPR compliance, Osano automatically monitors all of a business’s data across websites. The world’s first objective data set to measure privacy practices is baked into the platform’s workflow. Users can automatically vet the quality of data vendors, manage and track consent, display notices and meet the other requirements of the CCPA.

Serving more than 2 billion consents per month across 75,000 websites, Osano is the most popular cookie consent solution on the planet and is quickly growing into the leader in data privacy governance as well.

To learn more, visit www.osano.com

About Osano

At Osano, we believe that increasing transparency is for the good of the entire Internet. The web is built on trust, so websites, software vendors and service providers should be held accountable for how they gather, use, share and handle users’ personal data. However, current privacy policies and practices mean that rights and responsibilities are known and understood only by service providers. Founded in 2018 as a B Corporation with a clear mission, Osano’s platform, services and Privacy Monitor tools contribute to the education and transparency that represent the first step toward informing users and protecting data privacy rights. For more information, please visit ​osano.com​.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200114005012/en/

CONTACT: Treble

Ethan Parker

osano@treblepr.com

512-960-8222

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS

INDUSTRY KEYWORD: NETWORKS SECURITY DATA MANAGEMENT TECHNOLOGY SOFTWARE

SOURCE: Osano

Copyright Business Wire 2020.

PUB: 01/14/2020 07:00 AM/DISC: 01/14/2020 07:01 AM

http://www.businesswire.com/news/home/20200114005012/en