Securiti announces a $75M Series C Funding RoundView
On 4 October 2022, the EU Council of Ministers adopted the Digital Services Act which will enter into force within 15 months, i.e. by 1 January 2024. The Digital Services Act (DSA) has been published in the Official Journal of the European Union. The DSA amends the eCommerce Directive 2000/31/EC and introduces new requirements for online intermediary services including online marketplaces, internet service providers, cloud providers, search engines, social networks, and content-sharing platforms.
It establishes standards for accountability across online platforms and enhances user protection online. The Digital Services Act aims to create a transparent and safe online space to safeguard users against illegal content, online discrimination, and cyber assault. The DSA is expected to bring forward new consumer protection rules in the online environment and provide opportunities for digital businesses.
Under the DSA, online platforms will be required to promptly delete illegal content, including counterfeit and dangerous goods. They must have mechanisms in place allowing users to flag illegal online content. Under the "know your business customer" principle, online marketplaces may be compelled to track their traders, and any dark patterns intended to influence users' online behavior are severely forbidden. Data intermediaries that are used by more than 10 percent of EU consumers or large online platforms with more than 45 million monthly active users have additional requirements.
Securiti enables organizations to comply with the EU’s Digital Services Act (DSA) through AI-driven PI data discovery, DSR automation, documented accountability, enhanced visibility into data processing activities, and AI-driven process automation.
Securiti supports enterprises in their journey toward compliance with the EU’s Digital Services Act (DSA) through automation, enhanced data visibility, and identity linking.
See how our comprehensive PrivacyOps platform helps you comply with various sections of the EU’s Digital Services Act (DSA).
Request a demo today to learn how Securiti can aid you and your organization's compliance efforts.
Article 1(5) + Recital 10 + Article 31
Securiti allows organizations to organize, catalog, and structure stored data via automated data mapping. Effective data mapping exercise enables organizations to map complex data flows, discover and protect large datasets, and map data to its correct owners.
This ultimately provides organizations visibility into their datasets and leads them to ensure compliance with the provisions of the GDPR.
Recital 68, Article 26
Securiti's Consent Management Platform allows organizations to obtain end-users' consent for targeted advertising as per the provisions of the GDPR.
Consent can be revoked and managed via configurable Consent Preference Centers that are easily accessible at all times. Moreover, accurate consent records are maintained to ensure users' preferences concerning targeted advertising are respected.
Recital 67, Recital 68, Article 25, Article 26, Article 31
Securiti's Cookie Consent Solution allows organizations to build consent banners for cookies and online tracking technologies as per geographical cookie consent requirements.
Consent banners are configurable and can be designed with equal prominences to accept and reject options without any dark patterns. Adequate consent banners allow organizations to collect and manage consent and avoid using dark patterns that could manipulate a user's choice.
Securiti's Data Intelligence enables organizations to monitor and implement data security capabilities per the data types and the sensitivity of datasets.
This ultimately allows organizations to protect sensitive personal data such as data belonging to children/minors and not use it for profiling purposes.
Securiti's privacy notice and creation allow organizations to inform users of their data collecting and processing activities.
This is essential for online platforms displaying advertising that is required to be transparent with users regarding how online content is recommended to them.
Recital 80, Article 34, Article 35
Securiti's Assessment Solution allows organizations to assess any significant and systemic risks arising from the services they intend to use and take measures to mitigate the identified risks.
This will allow large online platforms to address the dissemination of illegal content, any adverse effect on fundamental rights of individuals, and any intentional manipulation of their services in their risk assessments and take steps to mitigate the risks.
At Securiti, our mission is to enable enterprises to safely harness the incredible power of data and the cloud by controlling the complex security, privacy and compliance risks.
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