Frequent Data Breaches are a bitter reality. Organizations and platforms collecting people’s personal information are always under the hackers’ radar who are always ready to exploit any window of opportunity. In the first half of 2017 alone, around 2 Billion records were either lost or stolen worldwide. This number definitely comes as a shock, especially considering the misuse of data for frauds, identity thefts, personal security breaches, etc.
Humanity is going digital. With much of our lives revolving around the interactions with the online world, be it shopping, information search or simply social connect; we leave bits and chunks of personal data trails almost everywhere. Superimpose the scenario for organizations, especially those employing large teams and workforce, and we get some serious numbers on the personal information that Human Resource Managers have to handle.
When it comes to preserving your organizational documents, physical or digital, an engineering approach to the strategy will pay-off in the long run. Though, often organizations overlook the significance of this step and usually opt for In-house document & data storage. This might work out for some, but when the disaster strikes, it is silent, every time!
Your organization surely hosts a record management system guided by the internal policies. These policies might be in adherence to corporate standards and Data protection (GDPR) guidelines. However, as the previous year shows a spike in the number of exposed data records, identity thefts, and Data breaches, you might want to step-up and forge proactive policies to protect your organization’s interest further.
Managing Records effectively is not just compliance but has become a necessity for all the business organizations. The exponential growth of data & information, both in digital & physical format, is already making organizations concerned about its accessibility and integrity. The two factors are crucial for time-to-time litigation support, compliance norms, information support, claims management, taxation, auditing and various other reasons. read more
u_starbicThe Biggest Record Management Risks You Need to Avoid
As a business enterprise owner, you’d be well familiar with the importance of HR Record Management. Along with the transactional records of the company, they pile up rapidly and might seem tedious to manage. However, less known is the significance of preserving the HR records! As an organization that deals with tons of data, in print and digital formats, here is what you need to know about the Retention of HR Records. read more
u_starbicRetention of HR Records: What You Need to Know?
2.5 Billion Gigabytes of Data is a lot! And, it becomes a lot more overwhelming when you’ll realize the fact that this was the amount of data generated ‘Per Day’ in 2012. With most of this data belonging to or fueled by the businesses and organizations, data security becomes a cause of concern. Especially when 13,443,149,623 data records have been stolen or lost since 2013, and 4,286 Data records are compromised every minute! read more
u_starbicA List of Documents in Your Storage that Should Rather be Shredded
How much can a Data Breach or an Information leak cost you? Well, we are talking about millions of Dollars here. In a 2013 Data Breach disclosed by Yahoo in 2017, over 3 billion accounts were affected globally. This disclosure became a major reason for Yahoo’s rapidly declining popularity, and a $50 Million bill it agreed to pay to those who were affected. read more
u_starbicRecord Management Security Vulnerabilities You May Have Missed
As organizations expand and grow, the amount of data generated by them also multiplies exponentially with each passing year. Managing such huge loads of information becomes challenging not only because of the involved quantity, but also because of the variety of data types. Besides organizational expansion, ever evolving government regulations and policies on information retention further add to the complexity of data management. read more
u_starbic7 Reasons why Records and Information management is crucial for any business
Destruction of records usually acquires negative connotation as it is generally assumed to be an illegal or amoral act. However, most countries have well-defined rules and procedures for the retention and destruction of records. As such, keeping records beyond the prescribed time limit can actually get you into legal and other troubles. Besides governmental or legal reasons, destruction of records is essential for practical reasons. No business (or individual) can afford to keep the vast amounts of documents and papers that accumulate over the years. In order to function efficiently, all organizations must routinely destroy the archived documents and records. This requires setting up of an intelligent and appropriate method for destruction of old. read more