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What you should know about electronic document retention.(selected topic)
Business have experienced an explosion of electronic documents and data because of increasing use of electronic devices, decreasing cost of storage media and the expanding use of email. Added to the paper documents generated by the business, this electronic information can be an impediment to efficient business operations, a potential time bomb in the event of litigation and a business continuity disaster, if lost.
Electronic information must be purged from time to time. However, purging should not be done if the threat of litigation appears imminent. Arthur Andersen executives were criminally penalized and the company was fined and prohibited from auditing public ...
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Source: HighBeam Research, What you should know about electronic document retention.(selected...