Beware the unmanaged risk of e-mail and IM  
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Beware the unmanaged risk of e-mail and IM

blogs.techrepublic.com.com

According to a recent survey, 65 percent of companies lack e-mail retention policies. Only 54 percent of the corporations surveyed conduct any kind of formal e-mail policy training. One in five U.S. companies has had employee e-mail subpoenaed in the course of a lawsuit or regulatory investigation. If you need some reasons why not having an e-mail retention policy is a bad idea, just keep reading.

Baseline magazine ran a piece about companies who found out the hard way that not retaining data can hit the bottom line and hit it hard. From the piece: Philip Morris USA was ordered by a U.S. District Court judge in Washington, D.C., to pay $2.75 million in fines when it came out during federal tobacco litigation in 2004 that 11 managers didn’t save printouts of their e-mail messages, as per company policy. As an added punishment, those managers were barred from testifying at trial, according to the order from U.S. District Court Judge Gladys Kessler.

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