Cyber, data, and legal discovery insight and intelligence ranging from original research to aggregated news for use by cybersecurity, information governance…
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[Background Note] FTI Consulting’s recent 4Q22 and FY 2022 Earnings Announcement showed an increase in revenues for the full year, with a 9.1% increase compared to the prior year, and a 12.2% increase, excluding the estimated negative impact from foreign currency translation. The Forensic and Litigation Consulting segment saw increased revenues primarily due to higher demand for investigations, data & analytics, and health solutions services.
[Article Extract] TAR 4.0, or Hybrid Multimodal IST Predictive Coding, can be compared to Goldilocks’ overall experience in the Three Bears’ house. The process begins with defining the scope of discovery, relevance, and related review procedures through ESI communications, conducting Multimodal Early Case Assessment (ECA), and taking a random sample to determine the prevalence of relevant information.
[Article Extract] The new report, Engineering Personal Data Sharing, aims to investigate specific use cases related to personal data sharing, primarily in the health sector, and how the implementation of specific technologies can support meeting data protection requirements. This new report may benefit #cybersecurity, #informationgovernance, and #eDiscovery professionals operating in the eDiscovery ecosystem as they consider data protection through the lens of personal data sharing.
[Article Extract] Understanding that a provider’s organizational character comprises more than capabilities, it seems reasonable that a standard set of descriptive elements for competency, attributes, and distribution frameworks might be beneficial for the provider comparison process. Read the complete article at . #eDiscovery #LegalTech #Business
[Results Extract] The quarterly eDiscovery Business Confidence Survey has been administered twenty-nine times since early 2016 by ComplexDiscovery Solutions, with 2,939 individual responses from eDiscovery industry professionals. The survey provides valuable insight into the current business confidence of cybersecurity, information governance, and legal discovery professionals in the eDiscovery ecosystem.
The quarterly eDiscovery Business Confidence Survey is an ongoing research initiative by ComplexDiscovery, aimed at providing insight into the current business confidence of cybersecurity, information governance, and legal discovery professionals in the eDiscovery ecosystem. Take the survey now at . #Cybersecurity #InformationGovernance #LegalDiscovery
The Document Enlightenment Program from L2 Services is designed to help organizations address a wide range of business, compliance, security, storage, and environmental needs by digitizing and properly managing paper documents. As the world becomes increasingly digital, the use of paper documents has decreased, but they are still an important source of information for many organizations.
[Report Overview] The public report “Rebooting Trust Management in X-Road” addresses the centralization of trust and identity management in X-Road, a widely-used open-source software and ecosystem solution for secure data exchange between organizations. X-Road serves as the backbone for digital government infrastructures in Estonia, Iceland, and Finland, and has also played a role in the digital government revolutions of other countries. (Nordic Institute for Interoperability Solutions)
The winter 2023 survey response period was initiated on December 12, 2022, and continued until December 19, 2022. This was the ninth semi-annual eDiscovery pricing survey conducted by ComplexDiscovery. The survey was highlighted and promoted primarily by direct email from ComplexDiscovery and EDRM to industry cybersecurity, information governance, and legal discovery professionals operating in the eDiscovery landscape. The survey experienced a strong reply rate, with 60 professionals responding.
[Report Extract] Today, ComplexDiscovery shares the results of a new survey focused on understanding the preferences of cybersecurity, information governance, and legal discovery document reviewers regarding onsite and remote review work. See the complete final results with charts of this survey at https://complexdiscovery.com/balancing-onsite-and-remote-review-risk-and-reward-the-winter-2023-document-reviewer-preferences-survey-final-results/?&zp_reload=5c1b49bf-135d-48ff-bd45-5feeff4c0da8. #
[Report Extract] After experiencing a market retraction due to the worldwide pandemic, a resurgence and acceleration of spending occurred in 2022. This resurgence and acceleration resulted in estimated spending for worldwide eDiscovery software and services of approximately $14.05B for 2022. The combined eDiscovery software and services market spending is estimated at approximately $14.05B in 2022 and is estimated to grow at a CAGR of approximately 9.69% to $22.31B in 2027.
[Announcement Extract] “Ransomware and other cyber threats have preyed on Europe for far too long. We need to act to make our businesses, governments and society more resilient to hostile cyber operations, ” said lead MEP Bart Groothuis (Renew, NL). Read the complete update at . #Cybersecurity #CyberDiscovery #eDiscovery
[ENISA Announcement Extract] The geopolitical situations, particularly the Russian invasion of Ukraine, have acted as a game changer over the reporting period for the global cyber domain. While we still observe an increase in the number of threats, we also see a wider range of vectors emerge such as zero-day exploits and AI-enabled disinformation and deepfakes. As a result, more malicious and widespread attacks emerge having more damaging impact. #Cybersecurity #eDiscovery #LegalTech
To better understand the variety of approaches to taxation among Organisation for Economic Co-operation and Development (OECD) countries, the Tax Foundation developed the International Tax Competitiveness Index (ITCI) to allow for relative comparisons of OECD countries’ tax systems with respect to competitiveness and neutrality. This index may be beneficial for business professionals as they consider international expansion and targeted acquisitions.
[Order Extract] Transatlantic data flows are critical to enabling the $7.1 trillion EU-U.S. economic relationship. The EU-U.S. DPF will restore an important legal basis for transatlantic data flows by addressing concerns that the Court of Justice of the European Union raised in striking down the prior EU-U.S. Privacy Shield framework as a valid data transfer mechanism under EU law. Read the complete Executive Order at . #Privacy #Data Protection #eDiscovery
[Update Extract] According to a recent update from the Institute for the Study of War (ISW), Ukrainian forces inflicted another significant operational defeat on Russia and liberated Lyman, Donetsk Oblast, on October 1. The Russian Ministry of Defense (MoD) announced the withdrawal of Russian troops from Lyman to “more advantageous positions” to avoid the “threat of encirclement” in the settlement. Read the complete update with maps at . #Investigations #eDiscovery
The quarterly eDiscovery Business Confidence Survey has been administered twenty-seven times since early 2016, with more than 2,774 individual responses from eDiscovery industry professionals. The survey provides valuable insight into the current business confidence of cybersecurity, information governance, and legal discovery professionals in the eDiscovery ecosystem. Take the survey now. #eDiscovery #LegalTech #LegalOps
[Update Overview] The latest monthly update from the Bureau of Competition’s Premerger Notification Office (PNO) regarding Hart-Scott-Rodino (HSR) Act transactions for August 2022 notes 212 reported transactions. This is the fifth-highest number of monthly reported transactions in the month of August between FY 2001 and FY 2022. However, it is significantly lower than the reported 369 August transactions in the previous fiscal year of 2021. (Federal Trade Commission)
[Newsletter] From AI and Big Data challenges to intriguing financial and investment announcements, the August 2022 edition of the Five Great Reads on Cyber, Data, and Legal Discovery newsletter provides a selection of recent research, reports, and articles to update and inform cybersecurity, information governance, and eDiscovery professionals on cyber, data, and legal discovery. #Cybersecurity #eDiscovery #LegalTech
[Article Overview] Focused on knowledge sharing and awareness-raising, this new report presents the threat landscape for ransomware attacks based on an analysis of 623 ransomware incidents across the EU, UK, and US. The report may be beneficial for cybersecurity, information governance, and legal discovery professionals seeking to better understand and address cybersecurity threats. #Cybersecurity #Ransomware #CyberDiscovery
[Update Extract] Alarm in the Russian nationalist information space continues to grow as the pace of Russian operations slows in the face of successful Ukrainian high-mobility artillery rocket system (HIMARS) strikes on key Russian logistics and command-and-control nodes. Read the complete update at .
[Article Extract] In the summer of 2022, 54.8% of survey respondents felt that revenue in the next sixth months will be higher than today. This percentage is lower than the sentiment on this metric in the spring of 2022 (63.5%) and may represent a changing current of optimism toward positive revenue expectations for the second half of 2022. Additionally, 38.4% of survey respondents felt that profits will be higher in six months than they are today. #Business #LegalTech #eDiscovery
[Update Extract] In the summer of 2022, 28.8% of respondents viewed increasing types of data as potentially having the greatest impact on their business in the next six months. This percentage is the highest of all concerns represented in the summer 2022 survey. This percentage is also the second-highest rating in the area of increasing types of data concerns since the inception of the survey in the winter of 2016. #eDiscovery #LegalTech #LegalOps