Extract from Todd Heffner's article "The Case for a Comprehensive Information Governance Policy"
Modern technology has made it easier than ever to hold onto vast amounts of documents and information, and many organizations are doing this without even first considering whether they should hold on to that information. And beyond the storage costs, there can be far greater increased costs. These include the risks of data breaches, recordkeeping compliance penalties, and those difficult to quantify, but ever-present, soft costs associated with so much information, such as increased time spent searching for particular items and increased eDiscovery costs. This article will explore the need for information governance, the basic idea behind it, and conclude with a brief discussion of legal holds.
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