Last week, the Sedona Conference released an update to 2014′s “The Sedona Conference Commentary on Information Governance.” The report stressed veering from a siloed approach to information governance to a company-wide collaborative process.

“Knowingly or not, organizations face a fundamental choice: They can control their information, or, by default, they can allow their information to control them,” the report cautioned. It added that inefficiently controlled data can be a “dangerous” source of risk and liability or cause increased costs.

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