London, May 17, 2010 – Joined by the eDisclosure Information Project,  Exterro, Field Fisher Waterhouse, IntApp, Legal Technology Insider, and the Risk Roundtable, Recommind today announced the launch of InfoRiskAwareness.co.uk, a groundbreaking resource for enterprises in the UK and continental Europe.  Combining the information management expertise of all these organisations, the site will prove an invaluable knowledge base for businesses looking to gain a better understanding of the myriad of risks associated with electronic information, and how best to guard against them.

Key topics that will be covered on the InfoRiskAwareness.co.uk site include eDisclosure, compliance, cloud computing, insider fraud, information barriers and confidentiality management.  The site will also include a range of content from news and blogs, to more in-depth whitepapers and Q&As, on all topics germane to the impact of information overload on enterprises.

“Increasingly businesses are being required to produce information from a variety of sources other than email as part of a regulatory investigation or eDisclosure request.  While most firms have tools in place to store email-based information, finding key messages and other relevant data can be a lengthy and expensive process as  it often means searching through large amounts of information that has not been properly organised or maintained,” explained Chris Dale, of the e-Disclosure Information Project.  “InfoRiskAwareness.co.uk will provide organisations with advice on the latest investigations and how they can take control of their own information reserves.”

One of the major risks facing UK businesses today is lack of preparation for eDisclosure.   Earlier this month, Recommind’s second Annual UK eDisclosure Survey* revealed that the number of eDisclosure requests experienced by UK enterprises continues to rise steadily, but no extra budget has been allocated to prepare for this – two thirds of enterprises still dedicate less than five percent of their IT budget to provisioning for eDisclosure.  According to Recommind, this is a fundamental oversight that could leave organisations highly vulnerable to information risk and the serious associated consequences including breach of compliance, embarrassing headlines, severe reputational damage and loss of stakeholder confidence. 

“InfoRiskAwareness.co.uk looks to be a great new resource for organisations across the UK and Europe,” said Jon Roscow, general manager EMEA for IntApp.  “For professional services organisations, information is often the most valuable business currency.  To respond to existing and emerging regulatory, client and professional responsibility obligations for information risk management, organisations are increasingly looking to extend internal controls such as policy tracking and confidentiality enforcement.  Resources like InfoRiskAwareness.co.uk will help support these efforts.”

Partner information:
The eDisclosure Information Project
The e-Disclosure Information Project collects and disseminates information about electronic disclosure in the context of the UK court rules and procedures.
http://chrisdale.wordpress.com

Exterro
Exterro, Inc. is the recognised leader for legal governance, risk management and compliance software solutions.  Exterro’s solutions enable legal, IT and records management teams to control risks, reduce costs, enforce compliance and streamline processes by tightening collaboration between outside counsel, in-house legal teams, cross-platform business units, service providers and resources.
www.exterro.com 

Field Fisher Waterhouse
Field Fisher Waterhouse is a European law firm providing commercial solutions across a range of industry sectors.  With over 130 partners, 240 other lawyers and nearly 300 support staff, the firm’s main areas of practice are corporate, IP, technology and regulatory law.  It also has leading expertise in areas such as privacy & information law, banking and finance, financial services, real estate and dispute resolution.
www.ffw.com

IntApp
IntApp provides risk management software and consulting services for law firms, including information barrier and data governance solutions, to enable organisations to address ethical, client and regulatory confidentiality and compliance requirements.
www.intapp.com

Legal Technology Insider
Legal Technology Insider (circulation 18,000) and sister publication The Orange Rag blog both cover comment and guest-leader opinions on the latest developments in the world of legal technology.
www.legaltechnology.com

Recommind
Recommind provides the most accurate and automated enterprise search, automatic classification and eDiscovery software available, giving organisations and their users the information they need when they need it.
www.recommind.com

Risk Roundtable
The Risk Roundtable programme brings together a mix of law firm risk management and related professionals for education, discussion and peer networking.  Participants include general counsel, loss prevention partners, risk management partners, senior conflicts/records managers and IT leadership.  The programme also produces the Law Firm Risk Management Blog.
www.riskroundtable.com and www.lawfirmrisk.com

*eDisclosure research was conducted by Vanson Bourne and surveyed 100 CIOs within large UK organisations in April 2010