Emerging Technologies and Regulations: Recap of CGOC New York 2015

Emerging Technologies and Regulations: Recap of CGOC New York 2015

CGOC held another successful regional meeting in New York last week discussing the impact of emerging technologies and regulations on information governance. The meeting was held at the offices of Gibson Dunn, which was a great location with an incredible view from the terrace outside the conference room (46th floor).

The audience included IG leaders and practitioners in the key stakeholder functions including Legal, IT, RIM, and compliance. They represented well-known organizations across a number industries from financial services, insurance and government to healthcare, pharma, and media & entertainment. The NYC audience was as dynamic and interactive as ever engaging in discussions about their experiences and perspectives with the speakers during the sessions.

The day kicked off by James Schellhase, managing director of CGOC, providing an overview of the organization’s objectives. He set the framework for the day’s sessions to address the complexity of IG in an era of ever-growing amounts of information that is being complicated by emerging technologies, e.g. cloud and BYOD, as well as new regulations and legal considerations. The first session with a panel of litigation experts discussed the need to go back to reviewing the facts relative to litigation as the starting point as a way to minimize the amount of information needing to be collected and reviewed, i.e. reducing cost. We reviewed the concept of transparency, which is required in a number of regulations although not well defined in terms of what it exactly means or how to accomplish it.

Security and the risk of data breaches were highlighted in one session with a rather startling statistic that a significant ratio of companies is still behind in this area. It was also interesting to note that there is more concern about an internal breach than one coming externally. There was a good conversation around the concept of tagging information with metadata early in its life cycle as a means of more effectively managing it and applying governance policy. The day was capped off with insights into legal decisions related to defensible disposal and what is reasonable to include as part of discovery. More details on these sessions can be found in the proceedings posted on the CGOC website.

It was great to see the conversations continue at the networking reception following the sessions between the speakers and attendees. The evening view was also something special to stick around to see.