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E-Discovery: Companies are at Risk
E-discovery is the term that refers to searching electronic documents in a company to find information that supports or refutes legal charges raised in civil litigation. Regulations require public companies to be able to search and retrieve all documents that are relevant to an investigation in a timely manner. E-discovery documents include emails, office documents, databases, instant-message chats, databases, and web sites.
Obviously, especially for large companies, huge amounts of information may need to be searched as part of a forensic investigation. A survey by HP find few companies prepared for such an investigation. Less than half of business decision makers had a good level in confidence that the information in their organization could be properly searched.
These business leaders have on their wish list information-centric projects that include document workflow, records management, and e-discovery/compliance. But many of them are constrained by very limited budgets. Many companies don’t know where to even start.
The report suggests that companies put in place a foundation system for information management and use that as a base for building more complex solutions around e-discovery, records maangement, and workflow.
The companies in the HP survey ratde the following types of documents as most important to include in their e-Discovery solution:
– emails (89 percent)
– office documents (78 percent)
– databases (72 percent)
