But like many compliance and governance issues, managing privacy will offer benefits, protecting organizations from breaches that violate laws and damage an organization's reputation. Sometimes the biggest risks in privacy compliance arise from the failure to take some basic steps. A holistic view is beneficial.
As generic platforms, they can be customized, which has both advantages and disadvantages. They have a broad reach throughout the enterprise, and can be used for many applications beyond privacy compliance. However, they are generally higher priced and require development to allow them to perform that function.