CIGO may be next step in information governance.
Big data is one thing, but what about the quality of that data? Information governance (IG) professionals voiced concern about such matters at the 2015 LegalTech held in early February in New York, according to a report in Law Technology News. In an attempt to leverage big data, many organizations are holding on to more information than they may need. According to one panel of IG experts, almost 70% of retained data is unnecessarily kept.
"We are living in a post-Sony, post-Snowden world. We are in 2015, the 'year of the data breach,'" said Jason Baron, Esq., of counsel at Drinker Biddle and Reath. "If you secure the borders, you are doing something that is necessary, but that is not sufficient."
Jordan Lawrence's Marty Provins suggested organizations start with their e-mail. "If an organization did nothing but get better control over e-mail, they would be starting on a path to success," he said. "They tend to make arbitrary decisions over time limits on saving e-mail; the secret to making something work is to understand how they are using it, not having a one-size-fits-all model."
According to the panelists, some organizations are beginning to wonder if a chief IG officer (CIGO) is a necessity or a luxury. Baron said he could envision a scenario in which there was a need for a CIGO.
"I think the moment has come for one of two things," Baron said. "A designated head of info governance as a subfunction of legal ... or a fully mature model where you have a C-suite person who stands as a peer of the CIO of an organization."
This need could materialize soon if 2015 does indeed shape up to be "the year of the data breach," as some have predicted.
"I think the job got a lot easier with the Sony Pictures breach," said Gareth Evans, a partner at Gibson, Dunn, and Crutcher. He added that data security is increasingly being addressed at the board level.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||INFO GOVERNANCE; chief information governance office|
|Publication:||Information Management Journal|
|Article Type:||Brief article|
|Date:||Mar 1, 2015|
|Previous Article:||Privacy, data security on M&A radar screens.|
|Next Article:||Finland cracks down on social media companies.|