As the dust begins to settle from the rush to apply technology to most business processes, what is clear is that the application of these technologies can be a source of liability.
Most businesses keep electronic records.
Few manage them effectively. Ineffective records management exposes a company to significant risks. It frustrates business operations, wastes resources and creates litigation minefields. Failure to produce electronic records in litigation could open the door to discovery sanctions and a spoliation claim. Something as simple as recycling backup tapes of electronic data that effectively erases information requested in discovery can spell trouble in the courtroom.