The Sedona Conference® has released a Public Comment Version of its Commentary on Information Governance, Second Edition. The latest edition of this Commentary sets out 11 principles of information governance that provide a strategic framework for senior management to make decisions with respect to all information within an enterprise and accounts for changes and advances in technology and law that have occurred over the past four years. It also incorporates guidance on information governance contained in The Sedona Principles, Third Edition, which we discussed in a previous blog post. As defined in this Commentary, information governance “means an organization’s coordinated, interdisciplinary approach to satisfying information compliance requirements and managing information risks while optimizing information value.” The Commentary recognizes that information governance encompasses a variety of disciplines, including traditional records and information management, data privacy, information security, and e-discovery.
The highly-anticipated enforcement date of May 25th has come and gone, but the opportunity to use information governance (IG) to bolster your organization’s compliance with the EU General Data Protection Regulation (GDPR) still exists.
The effective use of data analytics is quickly changing the legal landscape and the practice of law for the better. This is a fast-changing area where today’s “use cases” will be quickly superseded by new and more powerful uses of these technologies. This post discusses key areas where in-house counsel may consider the use of data analytics either as a solely in-house measure or in connection with engagements with outside counsel.
The Information Governance Initiative (IGI) recently released its third annual “State of Information Governance” report . Highlights include a sharp rise in IG projects underway and a shift toward organizations deriving value out of properly stored data. Indeed, nearly twice as many respondents (176percent of prior-year baseline) indicated that they are extracting business value from their information.
While external factors to include data breaches and data privacy regulations largely drive IG projects, there is mounting internal pressure to reduce storage costs, limit exposure to potential data breaches, and consolidate data. IGI found that respondents overwhelmingly agreed that information governance is an essential component of internal and external cybersecurity.
Below are key takeaways from the report, including respondent results and IGI’s analysis and recommendations.
This is the second in an occasional series of blog posts providing practical guidance on how to create an information governance program and how successfully to execute on specific information governance projects.
In our first blog post in this series, we discussed managing share drives and getting rid of redundant, outdated and/or trivial information, otherwise known as “ROT.” Today, we will focus on the essential elements of an Information Governance Charter.
The Sedona Conference®, a nonprofit research and educational think tank dedicated to the advanced study of law, has released a final, pre-publication version of its much-anticipated The Sedona Principles, Third Edition: Best Practices, Recommendations and Principles for Addressing Electronic Document Production. The Sedona Principles are the preeminent reference publication for e-discovery lawyers and practitioners alike. In addition to addressing the 2015 changes to the Federal Rules of Civil Procedure, this latest version of The Sedona Principles includes a fresh focus on information governance and the mitigating effect it can have on the challenges organizations face today from the ever-changing electronic data landscape.