Tuesday, March 29, 2005

~ keep the records you're required to keep ~

The Sarbanes-Oxley Compliance Journal (yes, now we need a whole periodical dedicated to one regulation!) details the law related to document retention. The current issue topic, Preservation Perils: Updating Your Corporation's Document Retention Policy for the Digital Age tackles the vexing problem of staying on top of all those electronic records. The concern is not just retention but preservation, which is increasingly a problem as the storage media change.

At least 92 percent of all business information is generated in digital form.

The total number of electronic records produced on the planet is expected to double every 60 minutes over a 10-year period.

Approximately 1 in 20 companies have battled a workplace lawsuit triggered by employee email.


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