The cybersecurity environment is one in constant flux—not just in terms of attacks and how cybercriminals operate, but also in how corporations think about and ultimately implement cybersecurity in-house. At Legalweek West's “Regulatory Update & Strategies to Manage Cyber Risk” session on June 12, speakers from legal and corporate looked to define this new era of best practices and protection.

Below are three trends that are at the foundation of how modern companies and law firms address cybersecurity in the current market.

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1. IT is a partner, not the main player.

At the foundation of any cybersecurity plan is the need to identify where and how corporate data resides. However, it is an area where most law firms and corporations come up short. “This is where firms are told to start but they fail [to answer] why exactly they care about [the data] and where exactly it is,” said Matthew Todd, chief security officer and vice president at financial adviser group Financial Engines Inc.