Approva Corporation - Controls Intelligence Software

Approva’s Approach

Approva’s Privacy Protection and Monitoring solution goes deeper than data masking and encryption tools by keeping a watchful eye on sensitive information in your systems. It monitors user access to sensitive information and transactions, a key requirement of privacy frameworks such as the Generally Accepted Privacy Principles (GAPP). Approva secures sensitive fields such as social security numbers, compensation, bank account numbers, benefits, credit card information, and many more.

Key Benefits

Improves Privacy Protection While Reducing Operational Costs

Many companies struggle with a shrinking pool of resources and smaller budgets, while standards for data privacy become more stringent. Approva’s Privacy Protection and Monitoring solution flags issues that violate best practices for access to sensitive information and transactions. It keeps an audit trail to track changes and demonstrate compliance without the need to maintain hundreds of emails and spreadsheets. Hence, Approva’s solution enhances data privacy while also reducing costs through improved productivity.

Reduce the Cost of Maintaining Privacy Across Systems

The more complex a system architecture, the more difficult it can be to safeguard sensitive information that can be propagated throughout. Approva’s solution monitors sensitive fields across multiple instances to avoid the risk of a sensitive field being left exposed in an unprotected system. Safeguarding information with one comprehensive solution minimizes the cost and headache of maintaining numerous tools across environments.

Minimize Privacy Costs with One Comprehensive Solution

Approva’s solution automates many of the privacy requirements established by various organizations. For example, the Generally Accepted Privacy Principles (GAPP), put forth by a joint task force of the AICPA and CICA, is a framework that represents best of breed privacy requirements pooled together across myriad regulations. Approva’s solution automates requirements in 7 of the 10 categories of GAPP, many of which are related to ensuring appropriate user access to information, as well as, testing changes and providing and audit trail of them.

Reduce the Risk of a Data Breach by Safeguarding Sensitive Information

Ernst and Young estimates that the average insider breach costs companies roughly $2.7 million, with other industry estimates as high as $11.5 million. Knowing where sensitive fields (i.e. social security numbers, vendor or employee bank account numbers, credit card numbers, or compensation) are exposed across your systems or databases enables you to be proactive and reduce the risk of a costly breach in your organization.