Recommind Provides New Tools To Fight Information Risk

Recommind, a provider of search-powered information risk management software, launched free resources aimed at helping enterprises minimize the risks posed by corporate data.

In a recent survey conducted by Osterman Research, Recommind found that despite the recession's impact and the documented effects of uncontrolled information, most enterprises are still not working proactively to limit exposure.

Recommind's new Risk Monitoring Center offers free tools and resources for companies to assess their information risk and take action, helping practitioners quantify and justify the need for critical infrastructure investments, the vendor said. The Risk Monitoring Center offers breaking news alerts detailing specific events such as information risk incidents, compliance developments, case law updates and new federal regulations.

It rates the severity of each incident and suggests next steps for information risk practitioners. General counsels, IT managers and others can use the alerts to inform senior executives and begin formulating the appropriate response, Recommind said.

The center also provides a step-by-step risk assessment guide, which outlines and ranks the threats associated with information risk. This enables individual employees to assess how prepared their organizations are to handle and respond to specific incidents such as eDiscovery events or increased regulatory scrutiny. "Successfully minimizing information risk requires a combination of technology, comprehensive processes and open lines of communication throughout the enterprise," said Craig Carpenter, VP of Marketing, Recommind.

"Recent industry developments and market data strongly suggest that a majority of enterprises are falling short in all three areas. We hope that these new risk monitoring and alerting services and knowledge resources will raise awareness about and help facilitate action on this important issue," he added.

"It's a mistake to think that one person or one department should bear the entire burden of addressing information risk. The more people that can be educated about the risks and involved in its mitigation, the more effective the entire program will be."

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio