Data Management Essentials for Businesses
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Data Management Essentials for Businesses
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Summary
In this episode of OK at Work, attorneys Sarah Sawyer and Russell Berger of Offit Kurman discuss information governance—how businesses manage data and information with an eye toward compliance and future needs. They note that companies create and store vast amounts of digital records. They should ask what information they have, what they do with it, how long they keep it, and how to dispose of it safely. Sarah and Russell emphasize having a plan that reflects best practices and industry guidelines, addresses retention and cost considerations, and includes a litigation hold protocol to preserve data during disputes. Businesses should know what data they collect (including via apps), and that access controls are critical.
00:00 What Is Information Governance
00:52 Data Everywhere Today
01:29 Retention and Disposal Basics
01:44 Build a Governance Playbook
02:34 What to Keep and Why
03:32 Know Your Data Sources
04:05 Control Access to Records
04:27 Implement and Wrap Up