Metalogix Software (http://www.metalogix.net), a privately held Microsoft Exchange™ and Microsoft SharePoint™ migration and archiving company, today released the eCompliance and eDiscovery Report 2009, which identifies email archiving trends for 2009 (1). The report presents the results of a recent survey of over 1,500 U.S. and international corporate executives.
The report concludes that many corporations need to revamp their strategies for eDiscovery compliance or risk consequences that could affect their bottom lines:
• CEOs have limited knowledge about eCompliance and eDiscovery and are therefore unable to communicate their specific expectations in these areas.
• Almost 50% of respondents do not know their CEO's expectations for compliance archiving.
• CEOs may believe that their organizations have legally compliant email systems ready for eDiscovery requests, but 43% of all respondents report that their organizations are not compliant today with all the regulations that affect them.
• Lost in space--1 in 4 organizations believe it impossible to locate a specific email, even if ordered to do so by a court of law. Respondents at those organizations who are able to find an email estimate they would need 4 or more days to do so.
• Outdated policies and procedures--nearly 66% of organizations still have policies that do not reflect today's economic and legislative realities; in fact, 75% use policies that omit technologies like SharePoint discussion groups and wikis.
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Source: emediawire.com
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