Enterprise Risk Management- Challenges and Innovation

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LexisNexis is one of the largest protectors of private and confidential data in the world. Do you see any changes in strategies with new and innovative technologies making seamlessly integrated platforms? Do you see an increase in risks?

Over the past several years, we have seen a significant paradigm shift in the cyber-threat landscape; attackers have grown more determined, resourceful, and sophisticated, which puts pressure on revamping the approach to protecting data. While the first generation of integrated big data platforms used to be almost exclusively focused on performance and capabilities, over time they started to put emphasis on data protection, implementing and enhancing capabilities around data encryption, identity and access management and activity logs, in addition to a posture where security is no longer an afterthought and rather built into the system from inception.

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Additionally, concerns about privacy and regulations around the world require many of these platforms to build better capabilities to track data provenance, consumer consent, data reduction and, in some cases, implement…

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