ILTA WHITE PAPER: APRIL 2015 WWW.ILTANET.ORG
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A CSC study claims that by 2020, 100,0000 companies will
store one petabyte of data, a size 100 percent larger than the Library of
Congress's entire printed collection. Combine this with recent headlines
about large data security breaches and that an average breach costs a
corporation $5.5 million, according to the IBM and Ponemon Institute
Research's "2014 Cost of Data Breach Study," and the enormity of this
problem begins to come into focus.
About the Author
Anthony J. Diana is a Partner at Reed Smith. He focuses his practice on commercial
litigation, internal and regulatory investigations, electronic discovery and
information governance, and data privacy and security. Anthony is a recognized
leader in e-discovery and information governance issues, nationally ranked in
this area by Chambers. Anthony is a frequent speaker on electronic discovery and
information governance issues and has published numerous articles on these
topics. Contact him at adiana@reedsmith.com.
About the Author
Jake Frazier is a Senior Managing Director at FTI Consulting. Jake assists legal,
records, information technology and information security departments with
the identification, development, evaluation and implementation of in-house
electronic discovery and information governance processes, programs and
solutions. Jake recently served as faculty director of the Compliance Governance
and Oversight Council and was named an Advisory Cabinet Member of the
Masters Conference. Contact him at jake.frazier@fticonsulting.com.
The biggest IT challenge corporations are facing today is the
growth of data, estimated at 40-60 percent annually.
Outside Counsel's Role in
Information Governance
