Record and Data Management Alert

One of the most crucial challenges faced by companies today is the rising risk associated with burgeoning data management responsibilities. How well company leaders identify and act on corporate information issues—before they become legal problems—is an increasingly vital indicator of corporate health.

The potential costs are high for those found to have violated record retention, privacy, security and other corporate information standards. Companies that fail to update record retention policies and practices may not be able to meet increasingly stringent rules regarding electronic discovery, as well as heightened expectations of regulators conducting administrative inquiries. Businesses also must grapple with a growing morass of concerns involving privacy, computer systems security, identity theft, outsourcing, electronic signatures, and many other matters.