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|Thursday, June 19, 2014|
BY MONICA ENAND | GUEST CONTRIBUTOR
Two major trends are colliding that create challenges for companies: we are generating greater amounts of data in the Digital Age and we must do a better job to save it, particularly when faced with legal or regulatory matters.
If you think your company is too small, guess again. Any company can be involved in litigation (as either the plaintiff or defendant). Litigants have an obligation to save any documents or records that could be relevant to a case, from emails and text messages and mobile devices to cash register transactions and security camera footage.
Times have changed and the challenge is that there is exponentially more data and data is everywhere. According to research from IBM, “Last year, we generated five billion gigabytes of information every two days.” A generation or two ago, you could go grab some files out of the file cabinet.
Failing to preserve information can lead to trouble, including fines, escalating settlement costs and the loss of cases. The most successful companies invest in helping their employees develop data saving habits and building a culture of compliance at their organization. At its core, your culture should be built on two simple foundations: education and process.
These are not new ideas, but we need to make sure that we are adapting to our new circumstances. While we are all benefitting from the amazing power of communication and data gathering, it does not come for free. Understanding the challenges and having employees ready to comply when asked help avoid lengthy and expensive problems.
Monica Enand is CEO and founder of Zapproved, a software provider with a compliance platform.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.