In many cases, computers need to be stored and ready for potential use long after the company has dissolved. A network of federal and state laws require data to be maintained for a specific amount of time. The Civil Rights Act of 1964 requires companies to keep employee data for one year. Likewise, employment data has a web of laws.
Even after companies die, their tech departments -- and the expense and hassle of running them -- can linger on.
With the proliferation of bankruptcy cases in this economic downturn, court-appointed trustees who typically manage the liquidation of assets, as well as some creditors who receive the assets, are wondering what to do with computer data .
Some are finding they're legally prevented from disposing of the data on many computers for years.
"Suddenly, trustees may realize they have something they didn't anticipate as a liability," said Lance Watson, vice president of case management at Avansic Digital Forensics Professionals.
And that means, in many cases, computers need to be stored and ready for potential use long after the company has dissolved, Watson said. His company has helped some clients who were storing just a few dozens computers in a closet, though another had hundreds of computers connected through servers.
A network of federal and state laws require data to be maintained for a specific amount of time. Oklahoma's Health Insurance Portability and Accountability Act requires medical data be held for five years.
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Source: cio-today.com
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