The Pandemic Swamped Your Information Governance Plan. This Is How To Right the Ship.
Making it your New Year's resolution to impose order on the lurking chaos of remote, decentralized data environments will pay dividends in productivity, business continuity and legal risk.
January 29, 2021 at 02:20 PM
8 minute read
The New Year's resolution of many general counsel is to resolve the information governance (IG) quandary that remote working has visited on their companies. The COVID-19 pandemic has wrought fundamental changes in the way that we all work and manage information. Companies whose workforces went remote in 2020 are faced not only with increased volumes and types of data generated and accessed by their decentralized teams, but also with reduced visibility and control over data residing on the myriad of corporate and individual devices and repositories. Simultaneously, new data protection laws are imposing heightened requirements on the capture, use, disclosure, storage and destruction of information. This has resulted in a perfect storm of IG risks—including security, privacy, legal and regulatory, business continuity, efficiency, productivity and cost.
With remote work likely to be the new normal, at least in part, companies are increasingly turning their attention to these risks and their implications to the business. Good data stewardship is good for productivity, security and customer confidence, not to mention regulatory peace; conversely, failures can be catastrophic (check your newsfeed any day for the latest data breach). We have seen a marked uptick in inquiries from clients looking to invest in process and technology to understand and cabin in these risks, and to turn this new normal to their advantage. Below we provide a more in-depth discussion of the changes and IG implications of remote work, and suggestions for getting ahead of the resulting data tsunami.
|A Year of Change
It is hard to overstate the IG impact of the work environment changes of the last year. The percentage of U.S. workers operating only from home jumped from less than 4% pre-pandemic to up to 51% at its height, with additional significant portions working remotely some of the time. Megan Brenan, "COVID-19 and Remote Work: An Update" (Gallup Oct. 13, 2020). Many companies responded to the challenge by expanding official means to access work systems and distributing equipment to employees to enable them to be productive remotely. Others relied heavily on employees to furnish their own equipment, requiring or permitting them to conduct business using any manner of personal computers and devices.
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