Developing trust in a volatile digital world
The experts at LAWtrust are passionate about information security, and understand the needs of business in creating trust between stakeholders.
We believe that trust is developed through the application of four key concepts – positive identity, integrity and evidence, accountability and privacy – all of which combine to make a business more competitive, while lowering the risk of non-compliance.
Positive identity is the foundational layer of the business trust model. Trust originates when an organisation knows it can trust the identities of all those involved in a financial transaction or exchange of information.
The next step is ensuring that the information has integrity, and that the necessary evidence is stored in the event of an investigation or audit.
From here, the model evolves to accountability, where organisations or individuals can be held accountable, typically through a digital signature. This is an essential part of empowering any organisation to drive business.
Finally, the elements of trust are capped by privacy, which requires that positive identity, integrity and accountability are all in place.