Business
Oculus Enters Data Privacy Compliance Market
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2020) -  Oculus VisionTech Inc. (T...
About this update from Oculus Inc.
[{"type":"text","content":"Oculus Enters Data Privacy Compliance MarketVancouver, British Columbia--(Newsfile Corp. - June 8, 2020) -  Oculus VisionTech Inc. (TSXV: OVT) (OTCQB: OVTZ) (FSE: USF1) (the \"Company\" or \"Oculus\"), a cloud document protection and emerging data security provider, has expanded their technology reach into the worldwide data privacy compliance market. Through the recent acquisition of OCL Technologies Corporation (OCLT) of San Diego, CA. Oculus will help organizations worldwide to manage and monitor their data privacy compliance obligations to meet EU GDPR, CCPA, SB220 and other upcoming global privacy rights initiatives and legislation.The OCLT cloud-native zero-trust data privacy API tool will provide secure, continuous regulatory compliance of a data subject's 'Right-to-be-Forgotten' and 'Right-of-Erase' requests through a systematic consent/collect/store/verification process, protecting both the data subject and data controller.\"Data Privacy is becoming a truly important component of enterprise data management, and as such, a highly complex and high growth area for personal and for organizational legal compliance,\" said Matt Leib, Analyst for GigaOm. \"As regulatory oversight grows in stature, with a strong foothold in the global markets, and with obvious growth in the US, data privacy requires significant resources to achieve and maintain, the value of an automated toolset to manage these datasets makes for a timely market opportunity for OCLT.\"\"We are excited to part of the building momentum at OCLT and will be reporting on more developments with respect to both the details of the product offering and imminent future opportunities\", stated Rowland Perkins the CEO of Oculus VisionTech.About GigaOmGigaOm https://gigaom.com/ is a technology research and analysis company and the leading global voice on emerging technologies. Learn more about GigaOm at https://gigaom.com/. About OCLOCL Technologies https://www.ocltechnologies.com/, is a startup specifically focused on providing enterprise organizations and individuals with highly-secure data privacy tools that provide sustained and continuous global regulatory compliance of data subject rights. Headquartered in San Diego, California, OCL Technologies was founded by industry veteran storage technology experts and is operated by an experienced management team.Learn more...