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Enterprise Security Magazine | Friday, March 17, 2023
Increasingly, people are shifting from on-site to remote and hybrid work, which makes internal investigations, audits, and legal processes involving eDiscovery increasingly complex. Using cloud-based, scalable solutions reduces expenses, eliminates risks, and enables seamless business operations.
FREMONT, CA: Digital data is often considered well-suited for investigatory purposes. Searching for information electronically in a database in a fraction of the time required to read through physical documents is possible. Nevertheless, as the quantity of data businesses creates in today's digitally-connected world continues to rise, eDiscovery is becoming increasingly challenging.
The exponential growth of enterprise data was unimaginable a few years ago. As millions of employees transition to remote work and more conversations move online, legal teams face new challenges in managing vital information.
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Now is the time for many businesses to redefine, clarify, and modernize eDiscovery.
What is eDiscovery? An Evolution of Electronic Discovery
Most businesses will eventually need to find, review, and extract data from their ecosystem according to strict deadlines. According to some studies, a regulatory body has asked around 55 percent of businesses to produce legal content. Rapid information access is required for investigations, litigation, audits, and business transformation projects. Historically, organizations have kept electronic communications and scanned documents in archives explicitly built for that purpose. The legacy archives, however, were not designed to handle the growing volume and variety of data businesses create today. Consequently, many organizations began paying for multi-point solutions to archive each communication channel separately, but this strategy needed to be improved. The cost of collecting, managing, and parsing information is not only higher, but it also takes more time.
Increasing demand for modern eDiscovery tools
In any eDiscovery scenario, time is often of the essence. It is essential to capture and present information quickly to meet strict deadlines. The challenge is collecting data quickly and maintaining context and information accuracy.
In today's eDiscovery landscape, remote work and collaboration are the most significant changes.
Today, legal teams must decipher and preserve conversational context across various platforms in different formats. The brand must keep track of chat records, voice recordings, co-authoring comments, whiteboards, and video meetings. How businesses create and share information is evolving, and so is eDiscovery.
Due to the variety and volume of ESI (Electronically Stored Information), the risks are increasing. Staying ahead of compliance requirements requires modern "eDiscovery software" to simplify, align, and enhance the information discovery process.
Modern eDiscovery Tools: Benefits
With modern eDiscovery solutions, companies can minimize the rising costs and complexities of handling large volumes of communication data. Businesses can create secure, auditable, and defensible eDiscovery workflows through an all-in-one scalable environment. Modern eDiscovery solutions provide the following benefits:
Users can identify, review, and preserve information from electronic communications from dozens of channels on demand.
Users can review search results quickly with iterative insights rather than waiting days to get results from a deep dive into a database.
Modern eDiscovery solutions enable businesses to filter large amounts of communication data into more manageable chunks.
Modern eDiscovery tools enable businesses to place legal holds across captured content sources to preserve accuracy when time is of the essence.
Using filters and tags, companies can quickly surface relevant content from a "haystack" of data.
The ability to share data effectively is an essential element of eDiscovery. Modern channels can export information in the correct format to the correct channels.
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