What is Information Governance? Managing Data to Drive Compliance, Strategy and Productivity

By |2023-05-18T09:52:58-04:00May 3rd, 2023|Data Compliance, Information Governance and Management, Safety and Cyber Security|

At its heart, information governance involves knowing where the organization’s data lives and who owns it. But what is information governance? Key elements of governance include categorizing data and managing the data lifecycle. Additionally, organizations must find a sweet spot that balances robust information security with streamlined data access. Properly implemented, information governance paves the way for regulatory compliance. It also makes quality data available to decision makers to inform business strategy. And it increases productivity by making the right data available to the right people at the right time. Maintain Compliance with Improved Visibility and Regular Monitoring For many

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Cloud Data Backup Tips to Protect Essential Business Data

By |2023-04-27T09:59:26-04:00April 12th, 2023|Cyber-Security, Information Governance and Management, Microsoft 365|

As the majority of businesses migrate data to the cloud, many assume they no longer need to back up their data. However, cloud storage does not take the place of data backup. In fact, hybrid work increases the likelihood of cyber attack and data corruption, making it even more important to put a cloud data backup strategy in place. Consider that over one million organizations use Microsoft 365. However, although Microsoft itself suggests using a third-party backup solution, most of these companies do not have a backup system in place. Additionally, most organizations store data in a combination of on

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Enhance Success with a Data-Driven Business Strategy

By |2023-03-28T09:58:23-04:00March 22nd, 2023|Information Governance and Management, Microsoft 365|

While business leaders agree in theory about the importance of data, many have yet to unlock its potential. Implementing a data-driven business strategy involves combining specific business goals with effective data governance, shifts in company culture and appropriate technology. Roadblocks on the Path to a Data-Driven Business Strategy Despite having more data at our fingertips than ever before, many organizations struggle to uncover the value of their data. In fact, the sheer amount of data available can inhibit a company’s ability to generate useful insights. For example, a typical business may gather data from website traffic, customer support tickets, loyalty

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Enterprise Information Governance Next Steps to Drive Data Value

By |2023-03-28T10:02:34-04:00March 15th, 2023|Cyber-Security, Data Compliance, Information Governance and Management|

Most organizations have expansive caches of data. However, without effective enterprise information governance strategies, they may fail to tap into the full extent of their data value. Worse, mismanaged data may actually pose significant risk to the company. For instance, in a business environment tightly governed by rapidly evolving privacy regulations, poorly governed data can result in stiff penalties and damaged reputation. Additionally, business strategies based on redundant, incomplete, or faulty data will generate poor outcomes. And haphazard data management increases the risk of a security breach. On the other hand, when organizations build a culture of effective information governance,

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Increase Legal Team Productivity with These 5 Proven Methods

By |2023-03-08T14:14:30-05:00March 7th, 2023|eDiscovery, Information Governance and Management, Technology|

In the legal profession, productivity equals revenue. Law firms run on billable hours. And in-house legal departments directly affect the bottom line of the corporations they serve.  A combination of improved information governance, automation, collaboration, and strategic adoption of legal technology can increase legal team productivity by 23 percent or more. Determine Your Baseline Legal Team Productivity To map the route to a more productive future, the legal team must first determine its starting point. For instance, a team that lacks effective strategy will operate reactively, scrambling with every request for information and turning immediately to outside counsel. Somewhat more

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Control the Future of Data with AI and Information Governance

By |2023-03-15T17:46:16-04:00March 1st, 2023|Data Compliance, Information Governance and Management|

As business leaders know, great opportunity often brings great risk. Thus, big data drives strategy and informs decision making. But mismanaged data creates security and compliance nightmares. New AI tools promise to help but raise privacy and ethics concerns. However, AI and information governance together harness opportunity while minimizing risk. For example, protected health information slides under the radar in numerous formats, from emails to meeting transcripts and chats. However, using AI-powered tools, information governance professionals can automatically find and tag sensitive data wherever it lives. This allows them to ensure compliance with privacy regulations. On the other hand, new

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Overcome Legal Firm Challenges with Wise Technology Investments

By |2023-03-07T14:50:52-05:00February 15th, 2023|Cyber-Security, Information Governance and Management, Safety and Cyber Security, Technology|

Recent years have witnessed seismic shifts in society. The global pandemic, political uncertainty, and public concerns about the balance between convenience and data privacy have altered the business climate. Like all companies, law firms must reevaluate and adjust to stay competitive. Technology can deliver key solutions to legal firm challenges. Attract and Retain Legal Talent The Challenge: Law firms depend on quality attorneys to attract good clients. In fact, a recent study showed that nearly half of commercial law firms cite hiring and retaining good lawyers as their greatest challenge. The pandemic highlighted the need for a work-life balance, and

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Law Firm Compliance Challenges Underscore Need for Renewed Cyber Security Focus

By |2023-03-07T16:06:13-05:00February 8th, 2023|Cyber-Security, Data Compliance, Information Governance and Management|

Today’s regulatory environment can feel like a minefield. From SOX to HIPAA, GDPR to PCI DSS and new state privacy laws, complex regulations affect nearly every organization. And for attorneys, the landscape proves especially difficult. Each client potentially brings both sensitive data and additional regulations, adding to law firm compliance challenges. Understand How and When Regulations Apply to Law Firms Law firms occupy a unique position that makes them potentially subject to a wide range of regulations. Like any organization, they must comply with the evolving privacy laws of the state(s) in which they do businesses. However, in addition, they

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Gain Control of Business Data to Reduce Costs, Increase Productivity, Inform Decisions, and Improve Security

By |2023-03-08T13:38:13-05:00February 1st, 2023|Cyber-Security, eDiscovery, Information Governance and Management, Safety and Cyber Security|

If the specter of a data subject access request or an eDiscovery sends your organization into fire drill mode, it is time to gain control of business data. Unmanaged data reduces productivity and hampers decision making. And it creates significant compliance and security risks. On the other hand, organizations that manage data effectively see a measurable return on investment. Reduce Cost and Time of eDiscovery For many companies, the data governance wakeup call comes with a data request for pending litigation. Under a time crunch, the legal team or IT department scramble to locate relevant data spread across various on-premises

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Why Lawyers Need to Understand Shadow Data

By |2023-03-08T13:40:50-05:00January 25th, 2023|Cyber-Security, eDiscovery, Information Governance and Management|

rganizations gather massive quantities of data, using that data to inform decision-making and business strategy. However, while data plays a critical role in business success, it can also increase security and compliance risks. When advising their clients on cyber security, legal teams must take into account the dangers posed by shadow data. In a digital environment dominated by cyber threats and privacy regulations, proactive organizations take great care to protect sensitive data. For instance, healthcare organizations bolster security around their EMR. But they may be neglecting shadow data, the sensitive data that lives outside the EMR, beneath the radar of

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