If hackers hijack your company’s system, can you prove to your clients, as well as shareholders, that the integrity of your data (or theirs) had not been compromised? If your company is accused of bad accounting practices, can your company defend its information processes, as well as the system’s reliability?

Questions like this are crucial, since regulating governments all over the world are starting to make companies responsible for the trustworthiness and accuracy of their data or information. The risk of improper management and retention of files has grown exponentially with the newly passed laws like the Sarbanes-Oxley Act of 2002, the European Union Data Protection Directive and the GLBA or the Gramm-Leach Bliley Act – all of which incorporate additional fines and jail time for both public and private entities, as well as their management.

For more information about GLBA, check out https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act for more details.

This regulatory and …