The day that information turns seven years old, data managers often burn, shred and destroy every trace of that message. But why go to such extremes when storage is so cheap? Simple. Firms are simply obeying the letter of the law, meaning that after seven years – or the period mandated for storing the specific data – accessing that information is not only a burden on a firm's data infrastructure, it also potentially exposes the organisation to various liabilities, audits and subpoenas.
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails