HaystackID

Organizations today, both private and public, should be excited about what is happening with their data and their networks, as advancements in technology have finally caught up with the requirements necessary to handle and manage via controls and classification, any volume of data, regardless of magnitude, in any repository, in any geography, behind the firewall or in the cloud or in a hybrid environment. However, there are risks that must be considered.

Growing data volumes for corporate investigations and compliance create a critical need for methods, technologies, and processes to quickly analyze massive amounts of communications and information. One such technology is conceptual analytics, which corporations and government agencies have used to assist with cyber discovery, information governance, and legal discovery audits, investigations, and litigation.

As leading legal departments and law firms move from asking about Technology-Assisted Review (TAR) to asking for it, it is increasingly essential for legal discovery, information governance, and cybersecurity professionals to have a firm grasp of the practical aspects of Active Learning (AL). It is also crucial for those professionals to apply matter-specific and geographically driven nuances to the application of AL to ensure optimal investigation and litigation results.

Private Equity and Hedge Funds are notorious for never deleting anything unless required because that information may be needed in the future. Unfortunately, due to an exponential growth in cyber-attacks coinciding with exponential growth in data, firms continue to fall behind, and enterprise risk management efforts suffer without the ability to know the differences between the values of various information assets that they maintain.

As borders blur and businesses expand, many companies face accelerating challenges in data protection, privacy, and cross-border transfers. Dealing with each of these areas on its own can be daunting, and addressing each of these areas together can be downright discouraging. However, with a solid understanding of requirements, roles, and responsibilities, information governance and legal discovery professionals can successfully navigate the difficulties of cross-border transfers and translate compliance challenges into business opportunities.

The Committee on Foreign Investment in the United States (CFIUS) is a U.S. government interagency committee with the responsibility to review foreign investments in U.S. businesses and real estate transactions for national security implications. CFIUS is ultimately concerned with protecting the national security of the U.S. via a National Security Agreement (NSA) with the business. With a solid understanding of CFIUS requirements, roles, and responsibilities, IT Security, Compliance, Privacy, Information Governance, and Legal Discovery professionals can successfully navigate the difficulties of CFIUS compliance challenges and fulfill business objectives.