Active Trust:
Noun
1. A legal arrangement in which a trustee is appointed to manage and administer assets or property on behalf of a beneficiary, with the trustee having the authority and responsibility to actively make decisions and take actions in the best interest of the beneficiary.
2. A concept in psychology and interpersonal relationships, referring to the belief and confidence placed in another person or entity, where the trust is actively maintained and nurtured through consistent communication, transparency, and reliability.
3. In computer security, a term used to describe a security mechanism or protocol that actively verifies and authenticates the identity and integrity of a user or system, ensuring that only authorized and trusted entities can access or interact with certain resources or information.
An active trust is a type of trust in which the trustee is required to take specific actions in order to manage and distribute the trust assets. This may include investing the trust funds, making distributions to beneficiaries, or carrying out other duties as outlined in the trust agreement. The trustee has a fiduciary duty to act in the best interests of the beneficiaries and to follow the terms of the trust. Active trusts are subject to the laws and regulations governing trusts in the jurisdiction in which they are established.
Q: What is Active Trust?
A: Active Trust is a comprehensive cybersecurity solution that helps organisations protect their digital assets, detect and respond to threats, and ensure the integrity and confidentiality of their data.
Q: How does Active Trust work?
A: Active Trust combines advanced technologies such as artificial intelligence, machine learning, and behavioral analytics to continuously monitor and analyze network traffic, user behavior, and system logs. It identifies potential threats, anomalies, and vulnerabilities, and provides real-time alerts and actionable insights to mitigate risks.
Q: What are the key features of Active Trust?
A: Active Trust offers a range of features including network traffic analysis, user behavior analytics, threat intelligence integration, vulnerability management, incident response automation, and security orchestration. It also provides comprehensive reporting and compliance management capabilities.
Q: Can Active Trust be customized to meet specific organisational needs?
A: Yes, Active Trust is highly customizable. It can be tailored to fit the unique requirements of different organisations, taking into account their industry, size, and specific security needs.
Q: Is Active Trust suitable for small businesses?
A: Yes, Active Trust is designed to cater to the needs of organisations of all sizes, including small businesses. It offers scalable solutions that can be adjusted to fit the budget and requirements of small businesses.
Q: Does Active Trust require a dedicated team to manage it?
A: While having a dedicated team can enhance the effectiveness of Active Trust, it is not mandatory. The solution is designed to be user-friendly and can be managed by existing IT staff with proper training. However, larger organisations may benefit from having a dedicated team to maximize the potential of Active Trust.
Q: Can Active Trust integrate with existing security infrastructure?
A: Yes, Active Trust is built to seamlessly integrate with existing security infrastructure. It can integrate with various security tools, SIEM systems, threat intelligence feeds, and other cybersecurity solutions to provide a holistic security ecosystem.
Q: How does Active Trust help with compliance requirements?
A: Active Trust provides comprehensive reporting and compliance management capabilities. It helps organisations meet regulatory requirements by generating compliance reports, tracking security incidents, and ensuring adherence to industry standards.
Q: Is Active Trust a cloud-based solution?
A: Active Trust can be deployed both on-premises and in the cloud, depending on the organisation’s preference and requirements. It offers flexibility in deployment options to cater to different infrastructure setups.
Q: How can I get started with Active Trust?
A: To get started with Active Trust, you can
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 29th March 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/active-trust/
- Modern Language Association (MLA):Active Trust. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/active-trust/.
- Chicago Manual of Style (CMS):Active Trust. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/active-trust/ (accessed: May 09 2024).
- American Psychological Association (APA):Active Trust. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/active-trust/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts