Saturday, June 12, 2004

InfoWorld: Sarbanes-Oxley will require a message-storage rethink

Yet another reason to move away from email. If Schwartz' contention that email on a few laptops will make auditors want to look at them all is true, then email retention policies, including ours, are toast. Certainly, .PST files must die. Synched laptops (and home PC's, for that matter) will only reflect what's in the corporate message store, so I don't see a problem there.


Blogger Guy said...

SarbOx = chemotherapy for capitalism.

I'll betcha no matter what happens in November, we'll start to see this prescription moderate soon after.

More trials, more public canings, are healthy. But SOX is seriously eating into corporate America's bottom line. If the costs can't be passed on (they can't, global alternatives) you'll see inquiries on the disposition of capital in other markets.

Nothing moves Capitol Hill quite like disinterest in the sale of Treasury notes!

11:12 AM  
Blogger Eric said...

chemotherapy for capitalism! a classic.

9:22 PM  
Blogger Scott said...

I guess my only concern is not that e-mail should or should not be retained (or for how long) but simply can we get to it and search it quickly when necessary. The article mentions that BoA was fined for taking too long in replying to a disclosure request in a "reasonable time frame." What is reasonable? BoA has around 180,000 employee's world-wide. If the courts said give us this info within a week, that doesn't sound so reasonable. If they gave them four months, then maybe so.
The point, I guess, is simply making sure we have the tools (what ever they may be) to make sure we can get to the e-mails and search them. Even our own corporate policies don't seem to address the issue of "can we get to them quickly and search them." Our policies only seem to address the "get rid of them if necessary" aspect.
(And BTW, I agree that getting rid of PST files is a must!)

9:44 AM  

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