Managing Data Retention and Disposal in the Big Data Era
Big Data has presented organizations with a wealth of opportunity for improved operations and innovation, but retaining this information brings risk. From data privacy regulations to litigation exposure to storage costs, the new paradigm of data storage and analysis requires improved information governance to manage the risks and avoid costly and embarrassing mistakes. In this webcast, the panel of distinguished professionals will help understand the most critical considerations including:
- Overview of information governance for Big Data
- Data privacy considerations (European and Canadian regulations, industry-specific regulations, and industry standards
- Litigation exposure
- Developing a data retention and disposal program
Joe Sremack, Director
Berkeley Research Group, LLC
- What are Big Data records?
- The lifecycle of Big Data records
- Identifying Big Data records
Claire Johnson, Information Management Consultant
- integrating the needs of data, information and records retention
- aspects of privacy protection (in light of forthcoming EU changes to the Data Protection Regulation) in big data environments
- the challenges for data governance strategies
Paul K. Connolly, Vice President, Global E-Discovery and Cyber Forensics
Duff & Phelps, LLC
- describing what big data is
- big data vendors and companies include IBM (storage hardware, database hardware, analytics applications) HP, Teradata, Oracle
- big data is not about measuring everything, it’s about taming the volume, velocity, and variability of a large amount of data, and combining datasets to inform strategies, decisions, and productivity from email marketing to email governing
- processed through cloud architecture and open source software
- it’s uses are both analytical and commercial; has both economic and social value
- big data includes Facebook chatter, bank transactions, satellite imagery, the contents of web pages, and much more, generated by sensors, humans, and systems
- calls for processing and monitoring; collection, storage, interpretation
- privacy implications
- our understanding of, experience and expectations of privacy have evolved with technology – it has moved from personal to societal
- big data becomes multiplied, shared worldwide; ensured security becomes harder to promise
- Personal information can include location, health, online activity, etc. – the definition has become expanded as data has multiplied
- data protection laws that reflect Fair Information Practices (FIPs), universal privacy principles
- FIPs include purpose specification and use limitation, user participation and transparency, and the need for strong security to safeguard confidentiality, integrity and data availability as appropriate to the sensitivity of the information
- FIPs are the foundation, but more is required as technology continues to evolve, as privacy concerns must adapt to the forces of innovation
- FIPs are necessary but insufficient; shift from compliance with FIPs to embedding privacy into design of technology as a default condition
- De-identification, anonymizing data isn’t secure
- Obama Administration - Patriot Act, Consumer Privacy Bill of Rights
- Typical data retention policies of companies that have them and why they are important
- How data retention policies can be improved to protect against risks and future challenges posed by the increasing power of data analytics.
Who Should Attend:
- Civil Litigation Attorneys
- Chief Risk Officers and Chief Technology/Information Officers (CRO/CTO/CIO)
- Audit Committee Members
- Government Regulators
Joe Sremack is a director in Berkeley Research Group’s Washington, DC office, where he develops and implements solutions to assist corporate and legal clients in matters involving complex technology issues and investigations. Mr. Sremack’s expertise is in structured data collection and analysis, IT assessments, electronic discovery, software analysis, and data privacy. A computer scientist by training, Mr. Sremack has assisted clients across the U.S. and internationally in such matters as class action settlement distribution, intellectual property theft, bankruptcy, financial fraud, healthcare regulatory investigations, and antitrust disputes. Mr. Sremack holds an M.S. in computer science from North Carolina State University and a B.A. from The College of Wooster, and he is a Certified Fraud Examiner. He is the author of the book “Big Data Forensics,” an in-depth guide on how Hadoop and other Big Data systems operate and store information.
Joe Sremack is a director in Berkeley Research Group’s Washington, DC office, where he develops and implements solutions to assist …
Claire Johnson has over 20 years’ experience as both an archivist and information manager with an ongoing commitment to professional advocacy. As well as being a practitioner she is an educator (teaching at the universities of Glasgow and Dundee, as well as mentor for several new practitioners) and she is passionate about developing the professional profiles of information managers and archivists as well as enhancing the consciousness of information asset management in both public perceptions and business contexts.
Claire is a Fellow of the Information and Records Management Society (IRMS), and chair of their Scotland Group. She is a Trustee of the Scottish Council on Archives and an accredited archivist (RMARA) as well as a chartered librarian (ALA).
Claire Johnson has over 20 years’ experience as both an archivist and information manager with an ongoing commitment to professional …
Paul K. Connolly is Vice President of the Global eDiscovery and Cyber Forensics practice at Duff & Phelps. As a computer forensic investigator and eDiscovery expert, Connolly provides project management on a full suite of end-to-end digital forensic services including data analytics, ESI consulting, and expert testimony for internal investigations, trade secret theft and cyber-crime cases worldwide. Previously, Paul spent six years as a Staff Attorney for Cleary Gottlieb in New York, leading teams in document review and federal, state, and cross-border regulatory investigations, as well as in Hong Kong, where he launched a successful eDiscovery practice focused on federal antitrust litigation in Asia. He enjoys presenting on the topics of e-discovery, the emerging importance of big data, and the nuances of digital information.
Paul K. Connolly is Vice President of the Global eDiscovery and Cyber Forensics practice at Duff & Phelps. As a …
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About Berkeley Research Group, LLC
Berkeley Research Group, LLC is a leading global strategic advisory and expert consulting firm that provides independent expert testimony, litigation and regulatory support, authoritative studies, strategic advice, and document and data analytics to major law firms, Fortune 500 corporations, government agencies, and regulatory bodies around the world. BRG experts and consultants combine intellectual rigor with practical, real-world experience and an in-depth understanding of industries and markets. Their expertise spans economics and finance, data analytics and statistics, and public policy in many of the major sectors of our economy, including healthcare, banking, information technology, energy, construction, and real estate.
CJ-IMC is a Glasgow-based consultancy which helps clients improve working practice in all aspects of records, information and knowledge management, ensuring that these support the organisation's strategic goals and follow best practice but are also realistic to achieve.
CJ-IMC will help you to unlock the value of your information by establishing simple to use classification structures, records retention schedules to help you know how long to keep your records and how best to organise the physical office space for maximum effectiveness.
About Duff & Phelps, LLC
Duff & Phelps LLC is a leading global financial advisory and consulting firm offering an array of services in the areas of valuation, investment banking, transaction advice, and dispute consulting.
The Duff & Phelps Disputes and Investigations practice offers all-in computer forensic, fraud, analytics, and investigative services for regulatory proceedings, internal investigations and litigation with a global team that leverages technical and industry expertise to clarify facts, quantify damages and communicate findings clearly, concisely and objectively. The firm’s dispute consulting services are designed to assist clients through all phases of litigation, arbitration, mediation and trial. - See more at: https://www.duffandphelps.com/services/disputes-and-investigations/forensic-technology-and-analytics/index