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How is Tailoring defined in a legal contract?

• Tailoring means the procedure of modifying security control standards. This involves identifying common controls, considering scopes, choosing offsetting controls, assigning specific values to control parameters defined by an organization, supplementing standards with extra controls and control improvements, and delivering additional information for control execution. The tailoring process can also apply to privacy controls. Seen in 3 SEC filings
• Tailoring means placing emphasis on the class possibilities of utmost interest. For instance, in a hypothetical scenario, this could mean focusing on the cases with an estimated likelihood of a given event of 0.9 or more. This suggests that increasing values of a parameter are of escalating concern, implying an ascending trend. Seen in 1 SEC filing
• Tailoring means designing a specific and focused intervention. Tailoring is part of interventions that concentrate on or operate within specific sectors or sub-sectors. Sectoral approaches do not exclude a socio-economic demography. They can be planned to pinpoint and concentrate on viable opportunities for less privileged groups within a sector or sub-sector. Seen in 1 SEC filing

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Tailoring means modifying controls or interventions, focusing on prominent sectoral opportunities while considering socio-economic aspects and privacy.

Relevant Contract Types

• Information Technology Service Level Agreement
• Data Processing Agreement
• Privacy Policy
• Consulting Agreement

Relevant Circumstances

• When an organisation is participating in a deal that involves modifying or improving security control measures.
• When an agreement includes provisions for focused interventions in specific sectors.
• When specific sectoral opportunities need to be identified and tailored for socio-economic groups.

Relevant Sectors

• Information Technology
• Data Security
• Consulting Services
• Privacy Law
• Risk Management

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