Two issues central on any enterprise’s radar are cybersecurity and compliance, and as complexities around data proliferation, hackers and international regulations increase, the two practices become ever-more intertwined. Dealing with these newly-arising concerns takes a variety of skills, calling for new approaches toward risk management.
Positioning itself as an alternative to an unreliable “patchwork of industry standards” is Thomson Reuters, which is collaborating with international law firm Pillsbury and cybersecurity services provider FireEye on what it calls “a multi-pronged approach to cybersecurity risk assessment.” The goal is fairly straightforward: Aid the enterprise in complying with a new regulatory environment while managing risk. Likewise, the approach at its core is a simple plan—assemble a package around technical assessments, legal counsel and legal managed services—that isn’t commonly found on the market.
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