Thought Leadership and Industry Trends
Virtually every company will need to collect and/or transfer data from one location to another at some point. While this may seem to be a routine matter, there are dangers, particularly when it comes to eDiscovery.
While many companies have moved at least some of their data to the cloud, others have been more cautious about taking these steps because they want to ensure their data stays in the U.S. Some cloud providers do not have enough locations in the U.S. to enable all data to remain in the country.
A recent blog post posed the question “Have we lost the war on eDiscovery?” There may be an eDiscovery War, but from my perspective, we are fighting on the same side.
The word “hack” is very ambiguous in the blockchain context. Hacking blockchain means “someone is trying to control more than 51% of the total computing power of the whole blockchain network.” The hacker is trying to read and reverse the transactions hidden in the blockchain network. However, the nature of blockchain makes this type of hacking difficult.
Data breaches reported in the media seem to be almost a daily occurrence leaving companies with both immediate and long-term damage that must be addressed.
Often discussions about data only focus on one aspect of it at a time, such as privacy, cybersecurity, retention, big data, etc. However, in order to truly protect data, organizations need to take a broader perspective. Data is an asset that has real value to every organization and its value tracks its many uses. In other words, its value varies with each user and purpose for which the data is used, and this must be considered in developing a management plan for enterprise data.
The blockchain concept can be applied to many types of transactions which has major implications for creating, storing and managing data.
As eDiscovery becomes increasingly complex, it requires those handling the collection and review process to have expertise in multiple areas of technology and the law. Vast quantities of data and new data types means eDiscovery team members need to work together more than ever before.
On large, time-consuming projects, a kick-off call is a great way of investing a small amount of time upfront to save energy long-term.
The potential uses for Relativity’s Legal Hold technology stretch past not just the discovery process, but even beyond a legal context.
Businesses can avoid the issues of restoring and repairing backup tapes for eDiscovery by moving their data to a cloud data repository.
The explosion of the internet of things presents new challenges to eDiscovery including data ownership and smart data.
