Background and strategic fit
What is the problem we’re solving or niche we’re filling, and how does our organization have the capabilities to exploit this?
Problem
Organisations face significant challenges in managing sensitive data and ensuring compliance with privacy regulations. Key issues include:
High Costs: Manual redaction processes involve substantial labour costs.
Time-Consuming: Manual efforts are slow and inefficient.
Error-Prone: Human error can lead to incomplete or incorrect redaction, risking data breaches and non-compliance with regulations.
Regulatory Pressure: Stricter privacy laws require more robust and reliable data protection measures.
These problems highlight the need for an automated PII redaction solution that is both effective and compliant with data privacy laws.