According to the European Securities and Market Authority (ESMA) Chair, Steven Maijoor, cloud outsourcing can bring benefits to firms and their customers, for example, reduced costs and enhanced operational efficiency and flexibility. Cloud outsourcing also raises important challenges and risks that need to be properly addressed, particularly in relation to data protection and information security. Financial markets participants should be careful that they do not become overly reliant on their cloud services providers. They also need to closely monitor the performance and the security measures of their cloud service provider and make sure that they are able to exit cloud outsourcing arrangements as and when necessary.
“Since we first invested in Onna last year, Slack deployed their platform because it was the most robust, modern, easy-to-use eDiscovery product we evaluated — and it worked seamlessly in Slack. Our IT and legal teams love how easy it is to connect new information sources without having to learn complicated query languages,” said Jason Spinell, Director of the Slack Fund. “With this additional investment in Onna, we look forward to helping them realize their vision of building a knowledge integration platform that brings together all of a company’s sources of content, directly inside Slack.”
According to the European Data Protection Supervisor (EDPS) in his recent opinion on the European Data Strategy, the predominant business model of the digital economy is characterized by an unprecedented concentration of data in the hands of a handful of powerful players, based outside the EU, and wide-scale pervasive tracking. The EDPS goes on to share that he strongly believes that one of the most important objectives of the European Data Strategy should be to prove the viability and sustainability of an alternative data economy model – open, fair, and democratic.
One of the key home (onsite) or away (remote) decisions that business, legal, and IT professionals in the eDiscovery ecosystem are currently having to consider is how they plan for and execute the eDiscovery task of collection in today’s pandemeconomically-impacted new world. From adjusted market sizing to selected task pricing, the following update provides context and considerations that may be helpful for eDiscovery decision-makers as they consider the critical eDiscovery task of collection during 2020.
According to Barbara Guttman, leader of NIST’s digital forensics research program, “We want to understand the state of the practice. Can experts produce accurate and reliable information when extracting data from a digital device?”
According to DSAI Team Leader Tom Barnett as reported by Artificial Lawyer, “It’s an incredible opportunity to realize the full potential of what we started during a time when most law firms were not even thinking about – let alone developing – AI and machine learning technology to solve legal problems. We will now be in a position to expand the model to serve legal departments and law firms worldwide.”
According to the recently published Cyberspace Solarium Commission report “Cybersecurity Lessons from the Pandemic,” the COVID-19 pandemic illustrates the challenge of ensuring resilience and continuity in a connected world. Many of the effects of this new breed of crisis can be significantly ameliorated through advance preparations that yield resilience, coherence, and focus as it spreads rapidly through the entire system, stressing everything from emergency services and supply chains to basic human needs and mental health. The pandemic produces cascading effects and high levels of uncertainty. It has undermined normal policymaking processes and, in the absence of the requisite preparedness, has forced decision-makers to craft hasty and ad hoc emergency responses.
“As our lives increasingly move online, our data privacy becomes more important than ever. The California Consumer Privacy Act, which gives consumers choice and control over personal information in the marketplace, is game-changing and historic,” said Attorney General Becerra. “Our regulations provide businesses and individuals with guidance on how to protect that choice and boost transparency, while continuing to unleash innovation. Businesses have had since January 1 to comply with the law, and we are committed to enforcing it starting July 1.”
The updated guidance document on corporate compliance from the Department of Justice sets forth topics that the Criminal Division has frequently found relevant in evaluating corporate compliance programs. The information shared in the guidance may be beneficial for legal, business, and information technology professionals in the eDiscovery ecosystem as they consider audits, investigations, and litigation in the area of corporate compliance.
According to the publishers, this paper is an aid to quickly checking your own security with regard to the availability of your own data processing within the meaning of Article 32 GDPR. The scope includes both the non-public as well as the public area. The work was created in a collaboration between the Bavarian State Office for Data Protection Supervision (BayLDA) and the Bavarian State Commissioner for Data Protection (BayLfD).