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Company A acquired Company B and they realize that their standard security policy documents do not match. They escalate this issue to the company’s central Security team, who implements a plan to formalize security strategy, high-level responsibilities, policies and procedures around security of both companies.Which security principle is illustrated in this example?

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Martebi

There are various security principles employed by firm to ensure the smooth running of business and guard against risk.

  • The security principle illustrated in this example is Governance

Governance is commonly described as an oversight role. It is simply known as a way through which firms manage and contain business risks

In firm governance, there is high activism among shareholders and also high scrutiny from the regulatory bodies. The corporate boards and executive teams looks onto governance issues a lot

Conclusively, Firm governance process uses these elements such as definition and communication of corporate control, key policies, enterprise risk management, etc to boast cooperate governance.

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