By Kamal Shah It’s always fun (and a bit humbling) to look back at predictions for the current year to see which were spot on and which missed the mark. In reexamining our own predictions for 2014 , several came to fruition in full effect: “The rise of SMACS,” “Enterprises regain control of encryption keys,” […]
By Greg Buckles Amazon and Microsoft cloud storage and servers have driven the Total Cost of Ownership (TCO) for online data storage down into the 10-15¢/GB/month range depending on whether you need a dedicated, encrypted appliance or other special security for your sensitive data. The bottom line is that this has eDJ Group clients challenging […]
The US Department of Commerce, Bureau of Industry and Security (BIS) recently released a redacted Advisory Opinion dated November 13, 2014 that confirms for cloud-based software vendors (or Software as a Service providers) that allowing access to export controlled software for use only in the cloud (or on servers) does not constitute an export of that software to the user.
The ILTA 2014 Law Firm Tech Survey was just released. The International Legal Technology Association each year conducts a comprehensive survey of law firm technology. At 301 pages, the report is packed with information. I summarize here findings on practice support and the business of law that I find interesting; I also offer some comments. This survey is a Herculean effort and we should all applaud ILTA and the many volunteers and participants who make it possible.
As data continues to proliferate exponentially, businesses of all kinds are finding it more and more worthwhile to analyze that data so they can better pinpoint market opportunities, deliver greater value to their customers and improve the efficiency of their operations. But businesses need a lot of help gathering, integrating, analyzing and monetizing data on an increasingly massive scale.
Kroll just released conclusions and limited data from a short eDiscovery survey covering trends such as Predictive Coding (PC/TAR) use, Social Media, BYOD, the ‘Internet of Things’ and Security. With over 550 law firm and corporate respondents, Kroll has certainly managed to get a statistically significant sampling, though they were the first to acknowledge that their questions were very basic data points.
Big data is now big business. In recent years, due to the exponential growth of databases (spurred at least in part by social media and cloud storage) and of the capability of technology to undertake data analytics on a massive scale, organisations have started to appreciate the potential hidden value that could be derived from their data.
Kroll Ontrack surveyed over 550 law firm and corporate ediscovery professionals to gauge the biggest trends and impacts in ediscovery in 2014. This was a great year for the world of ediscovery, and now is the perfect time to share some of the interesting 2014 trends with all of you.
There’s never been a phenomenon like Docker . Eighteen months ago, the company took its core technology, which enables IT people to move software easily between different machines by enclosing it in “containers”, and made it open source.
While Americans’ associations with the topic of privacy are varied, the majority of adults in a new survey by the Pew Research Center feel that their privacy is being challenged along such core dimensions as the security of their personal information and their ability to retain confidentiality.
Until a few years ago, there was basically no effort expended to measure the efficacy of eDiscovery. As computer-assisted review and other technologies became more widespread, an interest in measurement grew, in large part to convince a skeptical audience that these technologies actually worked. Now, I fear, the pendulum has swung too far in the other direction and it seems that measurement has taken over the agenda.
In a sea of 600+ e-discovery providers in the US alone, trying to find the right vendor to meet and fulfill your requirements is difficult. Like purchasing a car, you have a choice of vendors that range from local, to regional and national providers. Some that use their own technologies, others that use off-the-shelf products and a few others that provide traditional processing and hosting services spawned from the paper world.
Hadoop, Data Lakes, Predictive Analytics and the Ultimate Demise of Information Governance – Part Two
Information Governance is, or should be, all about finding the information you need, when you need it, and doing so in a cheap and efficient manner. Information needs are determined by both law and personal preferences, including business operation needs. In order to find information, you must first have it. Not only that, you must keep it until you need it. To do that, you need to preserve the information.
The overeager adoption of big data is likely to result in catastrophes of analysis comparable to a national epidemic of collapsing bridges. Hardware designers creating chips based on the human brain are engaged in a faith-based undertaking likely to prove a fool’s errand. Despite recent claims to the contrary, we are no further along with computer vision than we were with physics when Isaac Newton sat under his apple tree.
The International Standards Organization (ISO) has released two new standards for cloud computing in an attempt to put some order around the loose terminology in cloud computing. If you think you’ve seen this movie before, you’re right.
It’s generally accepted that the more information we have, the better. Knowledge is power, right? And won’t big data lead to better products, more responsive customer service and enhanced shopping experiences? That is true, but all that information also introduces significant cost and risk into an organization.
Many merger and acquisition (“M&A”) agreements lack specific representations and warranties regarding privacy issues. Often, this is because deal lawyers do not recognize potential privacy risks where the target company (the “Target”) lacks e-commerce websites or retail stores that collect consumer data. Nonetheless, significant privacy issues may exist even if the Target is a traditional “brick and mortar” business. Early attention to privacy issues in M&A transaction planning and due diligence can mitigate risks for both buyers and sellers.
Big data and the “internet of things” — in which everyday objects can send and receive data — promise revolutionary change to management and society. But their success rests on an assumption: that all the data being generated by internet companies and devices scattered across the planet belongs to the organizations collecting it. What if it doesn’t?
The companies listed below are the subject of an ongoing and unresolved FCPA-related investigation. The names are current through September 30, 2014. The entries are based on disclosures in SEC filings or credible news reports or both.
Extract: Choosing an e-discovery solution means addressing several interconnected issues. Product demos can be impressive, but don’t be fooled: a tool’s features can be the least important factor for you to consider. KPMG Canada’s Dominic Jaar, partner and national practice leader, information management services, and David Sharpe, manager of e-discovery, offer some key questions you should endeavour to answer while exploring solutions.
More than half of CEOs will have a senior “digital” leader role in their staff by the end of 2015, according to the 2014 CEO and Senior Executive Survey by Gartner, Inc. Gartner said that by 2017, one-third of large enterprises engaging in digital business models and activities will also have a digital risk officer (DRO) role or equivalent.
Major players in the oil and gas industry, particularly oilfield services companies, understand that Big Data analytics can provide valuable insights that will help make exploration, production, manufacturing, and global operations more streamline, safe, and efficient. Leaders in the industry are already implementing Big Data solutions into their everyday operations and reaping the rewards of this long-term investment.
Information management: 5 big questions answered There are many reasons for the dramatic proliferation of data , and this, alongside changing consumer behaviour, is having a a profound effect on the role of the Chief Information Officer. Canon recently held an ‘Information at Work’ event that looked at how data was impacting the workplace, so we caught up with the company’s Director of Information Security, Quentyn Taylor, to find out what messages are coming out of the information segment at present. Here are his responses to our five key questions. TechRadar Pro: What is causing the massive influx of […]
If an organization can’t accurately classify its documents it ends up either drowning in documents because it keeps all of them or risks legal sanctions or operating problems because it discards records it needed to keep. Classification is the prerequisite to any type of information governance. All other automated document classification systems are based on text analysis. These text-based classification systems have one insurmountable problem – they can’t analyze or classify documents that don’t have text or have only poor-quality text. In industries like oil & gas this is a huge problem because in some collections over half of the documents are non-textual.