Unstract
Unstract is an AI-driven tool that processes unstructured data into structured formats, enhancing document processing efficiency in sectors like insurance and finance, while ensuring data privacy and compliance.
Independent assessment across data handling, compliance, security and transparency.
Risk factors
3- Processes unstructured data which may include sensitive information.
- Cloud-based with potential third-party data access.
- No clear opt-out for training on user data.
Recommendations
4- Request SOC 2 Type II report and data processing agreement before deployment
- Confirm GDPR compliance and EU data residency options if applicable
- Evaluate on-prem or self-hosted deployment for sensitive document types
- Audit data flows and confirm no cross-customer data leakage
Data handling
- Storage
- Cloud-based with claims of data privacy focus; on-prem option may exist
- Retention
- Not publicly documented; governed by enterprise agreement
- Training on inputs
- Claims privacy focus; verify contractually
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