Utilizing Information Governance Software for eDiscovery Workflows.
Many organizations are now utilizing information governance (IG/GRC)) tools to reduce the cost and complexity of eDiscovery. Through a comprehensive IG platform such as 4iG, organizations can gain real-time insights into their data and improve their ability to respond quickly and appropriately when faced with litigation or regulatory compliance requests.
What is Electronic Discovery?
Simply put, eDiscovery is the process of gathering electronically stored information (ESI), to comply with legal obligations or use it as evidence in a court case. It involves collecting, preserving, processing, reviewing, analyzing, and producing ESI for review by lawyers or other parties involved in a legal action. The purpose of eDiscovery is to enable parties to exchange relevant documents quickly and inexpensively. As such, it has become an essential part of most corporate legal departments. However, despite advances in eDiscovery technologies and the help of legal service providers, conducting discovery remains an expensive undertaking.
The Benefits of Utilizing an Information Governance Platform
An IG platform is designed to provide organizations with complete visibility into their data assets so that they can better assess risk and manage compliance requirements. By leveraging an IG platform for eDiscovery purposes, organizations can gain greater control over their ESI by automating processes such as collection, preservation, and production. This helps ensure that ESI is managed in accordance with applicable laws and regulations while also reducing costs associated with manual document review processes. Additionally, an IG platform can help organizations optimize workflow efficiency through its powerful analytics capabilities that enable them to quickly identify key documents that require review or further investigation. By implementing an innovative IG platform that indexes and acts on data where it’s stored, businesses can simplify their compliance processes while reaping cost-saving benefits. Additionally, no longer having to move information between systems helps reduce the compliance risks and human errors associated with this process.
The Role of Identifying PII, with IG Software, in eDiscovery Workflows
Protecting personal information is essential in an eDiscovery workflow. Information Governance software plays a vital role by helping to accurately identify and redact personal information, such as social security numbers, credit card details, or other Personally Identifiable Information (PII). It helps to protect this sensitive data while still allowing legal teams easy access to potential evidence they need. In addition, Information Governance software can help monitor compliance with guidelines and make sure that data remains secure. With Information Governance providing an extra layer of security on top of eDiscovery workflows, organizations can remain compliant while still successfully uncovering insights from their data.
Conclusion
In today’s digital environment, managing vast amounts of electronically stored information (ESI) has become an integral part of most corporate legal departments’ operations. To ensure compliance with applicable laws and regulations while also reducing costs associated with manual document review processes, many organizations are turning to information governance (IG) platforms coupled with electronic discovery (eDiscovery) workflows and automated, intelligent, PII-identification. By using an Information Governance (GRC) software platform with the aforementioned features, companies can gain greater control over their data assets while optimizing workflow efficiencies, all while protecting personal information. When considering an IG software platform, such as 4iG, it is critical to look for these features.
About Infinnium 4iG
Infinnium is redefining Information Governance. Our GRC, Privacy & Legal Compliance solutions revolutionize the way organizations connect to and interact with data at rest to gain actionable intelligence. Built for corporations, law firms, and others our 4iG software solution uses AI, machine learning and analytics to improve business decision-making and information management including IG, compliance with GDPR, HIPAA, other privacy regulations and electronic discovery. Infinnium’s team of experts brings simplicity to the complex world of digital data, combining the strengths of people and modern technology to help organizations harness their data and empower them to make smarter business decisions and effectively address today’s complex information management needs. To learn more about Infinnium’s innovative suite of technology solutions, visit www.infinnium.com.