BUSINESS IMPROVEMENT and standards company the British Standards Institution (BSI) and Nuix, the provider of investigative analytics and intelligence software, have forged a new partnership designed to assist corporations in detecting and protecting against data breaches and fraudulent behaviour by gathering, processing, interpreting and securing evidence to keep them safe.
After a year when the number of cyber attacks has increased globally by a magnitude of triple digits, businesses have never felt more pressure to protect themselves against the evolving threat posed by cyber criminals.
Further, a 2020 report produced by market analyst Forrester outlined that instances of insider threats are growing and now account for 43% of all organisational data breaches, in turn posing a financial, regulatory and reputational risk.
The new partnership between the BSI and Nuix will help reduce the threat of both external and internal malicious activity through using a cloud-based eDiscovery solution that enables organisations to process large volumes of unstructured data which is safely secured in the cloud.
Nihal Sequeira, EMEA corporate executive at Nuix, explained: “Our partnership with the BSI Digital trust team helps to strengthen our position as a global leader in managing enterprise information. Through harnessing Nuix Discover SaaS, itself a cloud-based eDiscovery solution, the BSI will be able to help businesses to migrate, understand and interpret their data, in turn supporting internal investigations and regulatory compliance, while also helping to prevent data breaches.”
Mark Brown, global managing director at BSI Digital trust, responded: “Working with Nuix strengthens our footprint in cyber security and data governance. We selected Nuix as we needed a Best of Breed cloud-based eDiscovery solution offering both a UK and EMEA-based data residency that will complement and enhance our existing offers. Businesses will be able to migrate their case data to the Nuix SaaS platform and reduce the time spent reviewing documents thanks to cutting-edge visual analytics.”