Managing Records Means Managing Assets, Risk and Costs

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Article by Nicole Stempak posted on Business Finance Magazine's website.


This article states that data is an asset, as well as a risk and with the electronic issues pertaining to data security, there are certainly many more corporations paying closer attention to their data than ever before.


The article contains an insightful quote..."What we're seeing is a much more methodical and interdisciplinary approach because, frankly, this stuff is getting way too hard for one department to handle or for one department to dictate what another one is supposed to do," says Christine Taylor, an analyst at The Taneja Group, an analyst and consulting firm for the technology storage industry. "There's just too much, too many implications, too many questions, too much uncertainty."


The writers of this blog have noticed an increasing trend...compliance and risk management seems to be overlapping more with eDiscovery processes, as corporations struggle to manage the vast amounts of electronic data that is being shared via email, texts and social media.  It is certainly an interesting point in time to be involved in eDiscovery, as the area is in a major state of flux.