Data Inventories: A Critical Component for Privacy, Cybersecurity, and AI Governance

Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
Intermediate
- work Practice Area
Cybersecurity and Data Privacy
- event Date
Wednesday, October 23, 2024
- schedule Time
1:00 p.m. ET./10:00 a.m. PT
- timer Program Length
90 minutes
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
This CLE webinar will discuss the importance of organizations having effective data inventorying and management strategies in place. The panel will provide practical tips when advising clients on designing and implementing an information management program that meets the needs of the organization and complies with data privacy, records management, information security, and AI governance requirements.
Faculty

Mr. Diamond is the founder, President & CEO of Contoural, Inc. Under his leadership, Contoural has grown to be the largest independent provider of Information Governance strategic consulting services. Mr. Diamond is one of the industry’s thought leaders in Information Governance and AI Governance encompassing records and information management, litigation readiness, control of privacy and other sensitive information, defensible disposition and employee collaboration and productivity. His company, Contoural, has helped more than 30% of the Fortune 500 companies plus many mid-sized and smaller organizations as well as public sector entities. As a trusted advisor, he and his company help bridge legal, compliance and business needs and policies with effective legal and IT strategies and processes.

For more than 20 years, Ms. Childe has advised clients on privacy and information governance, helping companies build and maintain privacy and information governance programs appropriate for their organizations. She regularly advises non-profit and for-profit clients on ways to safeguard their valuable company information and prevent breaches, litigation, and financial exposure. Should a client experience issues, Ms. Childe has successfully led organizations through incident response and data breach beginning at the earliest stages, including investigation, public notification, regulator notification, and litigation. She has a great deal of regulatory practice experience as well, including federal and state rulemaking and legislative activity and reversal of regulatory audit findings and the resulting proposed liability. Ms. Childe frequently provides CLE classes on privacy, information protection, and information governance.
Description
To remain in compliance with the ever-changing and evolving data privacy and security landscape, organizations must have a solid understanding of what information they create, collect, process, and retain and why, as well as who has access to that data, both internally and externally. Information inventorying is the process of creating an inventory of an organization's data and is usually developed in conjunction with a data retention plan.
Knowing what information an organization has, where it lives, how it is used, and when it should be deleted is not itself mandated but is a required activity to remain compliant under most privacy and recordkeeping regulations and security frameworks. Additionally, good information inventorying and management is a critical element of AI governance. A data management plan is also a useful tool in managing third-party vendor contracts and in the context of litigation.
Listen as our authoritative panel discusses why data inventorying and management is a critical tool for maintaining compliance with privacy, records retention, and cybersecurity laws and provides guidance for advising clients in implementing or maintaining an effective information management strategy.
Outline
- Overview: Why data inventory is a critical activity
- Strategies for knowing what the organization really has
- Determining retention requirements and codifying a retention schedule
- Executing data retention
- Identifying and managing far-flung data
- Keeping your data retention up to date and compliant
- Other issues and considerations
Benefits
The panel will address these and other important considerations:
- How to identify what and where information is across the enterprise
- How successful data management can meet privacy, records management, cybersecurity, and AI governance compliance requirements
- The best practices for implementing or maintaining an information management program that addresses an organization's multiple needs
- How information management programs can accommodate the ever-changing landscape of privacy, cybersecurity, and other laws
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