Companies worldwide are in a constant battle to stop cybercriminals from stealing employee credentials, to correct accidental user behaviors that can result in unintended data loss, and to prevent malicious employee action. Through this acquisition, Proofpoint will provide security teams with the capability to understand and respond to data being mishandled, whether on a corporate device, in a cloud app like Office 365, or via email allowing teams to rapidly detect, investigate, and prevent potential insider threat incidents.
A selection of five articles shared regularly to inform and update legal and information technology professionals on the art and science of data discovery and legal discovery.
In her recent article, “Fighting Fake News with Blockchain,” e-Estonia Briefing Centre Communication Manager Mari Krusten highlights how the innovative use of blockchain can help in ensuring data integrity and serve as a trustworthy tool for addressing challenges ranging from alternative facts to deepfakes.
“Consumers are demanding better protection of their personal information. As a result, there is a pressing need for companies to prioritize data privacy in all their business operations. Active Navigation has an exciting opportunity in front of it, which was the catalyst for this infusion of capital. This investment will help us to advance product development and scale rapidly to support our customers with data mapping, data minimization and regulatory compliance.”
“It’s now recognized that systems aren’t unbiased. They can actually amplify existing bias because of the historical data the systems train on,” said Ellen Voorhees, a NIST computer scientist. “The systems are going to learn that bias and recommend you take an action that reflects it.”
From a macro look at past estimations of eDiscovery market size from 2012 through 2019, and projected estimations of market size for 2020 through 2024, we see strong and consistent double-digit growth rates for the market as a whole as well as for both services and software segments.
“This financing will substantially increase cash flow and enable KLD to reignite its acquisition program,” said Jon Ledecky, Pivotal’s Chief Executive Officer. “I am excited to work with KLD CEO Chris Weiler and his talented management team to pursue new business opportunities and leverage Pivotal’s corporate and legal community network.”
While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software and services slows, the overall size of the market continues to grow with estimates for the overall market to exceed $20B in 2024. This year’s annual eDiscovery Market Size Mashup estimates the combined worldwide eDiscovery software and services market spend in 2019 to be approximately $11.23B, growing at a Compound Annual Growth Rate (CAGR) of approximately 12.93% to $20.63B by 2024.
“The Carbonite Board conducted a thorough and comprehensive process, which included contact with a number of strategic and financial parties, to identify the best way to maximize shareholder value,” said Steve Munford, Interim Chief Executive Officer and President/Executive Chairman of the Board of Carbonite. “The Board strongly believes that a transaction with OpenText delivers compelling, immediate and substantial cash value to shareholders.”
Recently eDiscovery expert Craig Ball published a thorough and thoughtful primer that seeks to describe and demystify many of the “black box” tasks that constitute eDiscovery processing. From bits and bytes to hashing and deduplication, Craig’s new primer is a concise and cogent guide that will benefit anyone seeking a deeper understanding of the important eDiscovery phase of processing.