When it comes to data remediation–the process of reorganizing, migrating, and deleting data–a large group of us would just like to stay clear. What is the cause of this fear and avoidance? Mainly, it is a fear that remediating any data could result in sanctions, fines, or even prosecution and incarceration. Are these fears factual and with just cause? According to Barclay T. Blair and Charles Choe in an article for Risk Management, the answer would be an overwhelming no.
Fear of the Unknown
In the United States, less than two percent of all federal civil cases go to trial, according to studies conducted. Results from a 30-year study found that only 230 instances of any kind of sanction related to electronic discovery exists. Yet this unfounded fear lies at the heart of poor business decisions.
Lack of knowledge leads to and reinforces this fear, so the best thing we can do is collect all relevant information. This will allow sound business decisions to be made that are data-driven about information governance. How can this be done? First, we need to gain insight into our business data. Map out data so that the best decision in regards to how the data is governed can be made. Next, an analysis needs to be done:
Risk professionals need information governance tools that can assist with the analysis of data gathered and the presentation of insights to empower decision-making. Information governance strategies should happen at the most senior levels of an organization and have a major business impact. That said, new tools exist to allow risk management professionals to gather and analyze data to present compelling insights and reasons for change.
Then action needs to be taken. Once we have gained insight into our business data and conducted an analysis, we need to push through our fears and get to work. You can access the original article here: http://www.rmmagazine.com/2016/12/01/overcoming-the-fear-of-data-remediation/