Skeletons in the system
The continuous build-up of information in the modern age could leave many firms vulnerable to lawsuits if old information left on systems is retrieved and taken out of context, writes Alan Oliver
Information is a key corporate asset. We gather it, manipulate it and store it with growing sophistication and enthusiasm, constantly seeking to maximise competitive advantage and streamline activities. Electronic storage has revolutionised our ability to do this, making it possible to retain vast amounts of data at low cost. The benefits are obvious, but it is easy to be unaware of the downside – stored information can sometimes represent a serious corporateliability.
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