Chapter 7 The Progressive Era

The recent revelations about Wikileaks and its release of 250,000 confidential State Department diplomatic cables shines a new light on the challenges faced past the financial services manufacture in decision-making information risks. Growth in digital universe is already well documented, and recentreseach and analysis that I've participated in one form or another propose the potential problems are getting more than difficult to solve, non less. For instance…

The not-so-contempo focus on information governance has generated a renewed involvement in records management, the records management profession, and the value of records management to the arrangement. The function is being redefined in concern to exist a strategic resources to the CEO as organizations wait to better sympathise, measure, and manage the unprecedented growth in electronic information and the complexities inherent in determining what information to trust, to keep, to secure, to connect, and of form, to discard.

The recognition of the records managing director as key component of information governance, and the focus of information governance as a business enabler, are long overdue. Today, one of the about critical asset to any organization is its business information and records. Organizations are struggling to use huge volumes of data to produce better business outcomes. At the same time, the number of loftier-profile examples of data mismanagement is growing (the Wikileaks leak only one of the most contempo), making the need for proper oversight and use of information key to success. A few data points:

• Over the concluding x years, as electronic data has grown to correspond 90% of all information, information direction strategies take been in reactive mode, responding to gaps in principles and infrastructure exposed by legal or regulatory imperatives.
• Virtually information management technology investments have as well been reactive, stopgap measures designed to address a specific problem, such every bit electronic discovery.
• Massive adoption of collaboration tools including Sharepoint, the web, and social media has blurred the stardom betwixt content and records and increased risks associated with over memory, information loss, legal and regulatory compliance.
• Finish-to-finish information direction automation across electronic and physical records does not exist. If it did, it would permit the enterprise to accost tape keeping principles intelligently and declare, classify, store, secure, retain, discover, and ultimately dispose of content based on policy and automatic, defensible enforcement.
• Poorly architected solutions accept turned data assets into liabilities – systems that once satisfied basic requirements laid out decades agone buckle under the increased pressure for interoperability, scalability, end-to-stop security, and discoverability. This predicament has fielded unsustainable solutions along with upwardly spiraling integration costs.
• Progress on establishing an information direction strategy, which is essential for mid-size to large enterprises, has been farthermost slow. For instance, just in the financial industry, the FSTC reports that over l% of data is over-retained, and data duplication/copy ratios run as high every bit 20:i. And according to the AMA only ane% of all healthcare providers have an electronic records management strategy, and 94% take yet to start planning for the data management requirements of HITECH.
• Records managers cannot go the e-discovery monkey off their backs. Even in 2010, records managers have been consumed with managing e-discovery risk leaving little time for strategic information management programs and activities.
• The effectiveness of DLP to preclude information leakage is in question, as most end-users report these implementations to exist configured in monitor or alert modes just.

In the era of Wikileaks, it's articulate that poor information management practices in the public and individual sectors presents a significant global risk to organizations, particularly in those industries that become alot of attention – fiscal services, government, wellness. Information technology actually is only a matter of time earlier the side by side corpus of sensitive information is put into the market unexpectedly. In fiscal services, it's a "back to basics" result for the CIO, CRO, and information/records managers. It's time to exercise the homework to understand the value of information management programs congenital on tried-and-true principles and leading technologies, and to employ these principles as the bailiwick for effective information adventure management (IRM).

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Chapter 7 The Progressive Era,

Source: https://www.cio.com/article/282654/internet-information-risk-in-the-wikileaks-era.html

Posted by: davisonanall1964.blogspot.com

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