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Code42 Unveils Insider Risk Management Framework to Stop Data Leaks Without Blocking CollaborationCode42, the Insider Risk Management leader, today published guidance for enterprises with remote and hybrid workforces to build an effective Insider Risk Management (IRM) program. The first of its kind, Code42's Insider Risk Management framework provides a practical guide for deterring Insider Risk without disrupting legitimate business. It includes a technical roadmap for enterprises using myriad collaboration tools that are rethinking the functionalities and capabilities they need to effectively improve their organization's risk posture when it comes to data leaks, loss and theft from insiders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210317005638/en/ The Code42 Insider Risk Management (IRM) framework provides a practical guide for deterring Insider Risk without disrupting legitimate business. Shown here are the five core stages and outcomes of the Code42 IRM framework. © 2021 Code42 Software, Inc. All rights reserved. (Photo: Business Wire) Insider Risk, not to be confused with insider threat, is any data exposure event - security, compliance or competitive in nature - that jeopardizes the financial, reputational or operational well-being of a company and its employees, customers and partners. Today, organizations need a new paradigm for data security and a better approach to mitigate Insider Risk. Gartner (News - Alert) has termed this Insider Risk Management. Code42's new IRM framework comes on the heels of the company's designation as a Representative Vendor in the December 2020 Gartner "Market Guide for Insider Risk Management Solutions" report. "Remote and hybrid work demand technologies that make it easy to collaborate and move files. Security teams' traditional response - to block data movement - runs counter to what leaders and employees demand," said Joe Payne, president and CEO, Code42. "To break the deadlock, organizations need to look to Insider Risk Management. It wraps a layer of security around collaboration tech while allowing employees to share files without being disrupted. Drawing on our deep IRM experience, we developed this IRM framework to guide companies as they secure their collaborative work models and trade secrets." About Code42 Insider Risk Management The Code42 IRM solution offers a new framework to protect data and stands in stark contrast to traditional data loss prevention (DLP) approaches, which are rooted in identify, classify and block tenets known for disrupting employees' legitimate work. When followed, the Code42 IRM framework enables security teams to comply with data use policies, foster a more risk-aware and collaborative culture and speed time to value of their security investments. The five core stages of the Code42 IRM framework include fundamental technical requirements:
Critical Resources About the Code42 Insider Risk Management Framework There is a library of resources about the Code42 IRM framework. Security architects and security developers can:
About Code42 Code42 is the Insider Risk Management leader. Native to the cloud, the Code42 Incydr solution rapidly detects data loss, leak and theft as well as speeds incident response - all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider threats while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42's Insider Risk solution is FedRAMP authorized and can be configured for GDPR, HIPAA, PCI (News - Alert) and other regulatory frameworks. More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and is backed by Accel Partners, JMI Equity, NewView Capital and Split Rock Partners (News - Alert). Code42 was recognized by Inc. magazine as one of America's best workplaces in 2020. For more information, visit code42.com. © 2021 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.
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