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SearchStorage.com, May 19, 2006
Beth Pariseau
Mark Diamond, consultant with Contoural Inc., said a survey of clients showed 29% found email archiving for the long term less risky, in terms of
compliance, than attempting to reduce data, while 21% thought deleting data on a regular basis was less risky. Forty-two percent answered that they
are not sure.
A convincing case for long-term retention, however, was found when Diamond offered insight into the inner workings of a lawyers mind in a
presentation to Chicago's storage networking user group Wednesday morning. ..."
Read the article
Bank Director Magazine, 1st Quarter 2006
Chris Costanzo
Getting the Most Out of Marketing
Large banks have been gaining deposit market share, leading some community banks to fight back with technology-driven marketing programs.
Fear of having to undergo an e-mail discovery process related to a lawsuit is typically the biggest driver behind the purchase of an e-mail archiving system, says Mark Diamond, president and CEO of Contoural Inc.
There are ways to keep archiving expenses to a minimum, Diamond says. ŅIn our opinion, it depends on how you save it, he says. Diamond also recommends using a system that automatically eliminates duplicate copies. This move saves on storage, he says. ŅA good e-mail archive can decrease e-mail storage costs by 70%.
Other key requirements, according to a 2004 report from Osterman Research and Contoural, include the ability to index all content (for easier retrieval), and controls to ensure the archived data is tamperproof.
Perhaps more important than technological considerations is having a well-reasoned strategy for how the archiving system should be implemented.
Read the article
SearchStorage.com, January 31, 2006
Beth Pariseau
Hedge fund managers have until Feb. 1 to register with the Securities and Exchange Commission (SEC) according to an Oct. 2004
compliance ruling, but industry experts say only a minority of the financial firms are pursuing e-mail archiving and other
records retention policies -- and that this week's deadline may prove to be just the first battleground in bringing hedge funds
under the control of the SEC.
"Hedge funds are a strong force that the SEC will want to contend with," said Mark Diamond, president and CEO of compliance
consulting firm Contoural, Inc. "Sooner or later, regulation will be a fact of life for all of them."
Read the article
SearchWin2000.com, October 27, 2005
Joan Goodchild
Internal policies regarding e-mail archiving and data retention
usually start with a company's legal department, but it would be
better if it began with the IT department. IT managers should be
involved in the beginning stages of developing an e-mail-retention
policy within their organization, rather than just waiting for the
legal department to initiate a program.
"We believe it is important for you to get in on the ground
floor," said Mark Diamond, president of Contoural Inc., in
Los Altos, Calif., a data storage and consulting firm. "There
is a temptation on the part of IT to say 'I'll wait for them to
create policy,'" he said.
As Diamond put it: Regulators now want you to save more, find it
easily and get it back quickly. But without any real policy in place
yet, in many cases, IT administrators are relying on the end user
to decide what to save and what to trash.
Read the article
SearchDomino.com, October 17, 2005
Brian Eastwood
How muddled is the message on e-mail archiving? When Contoural Inc.,
a data and storage consulting firm, surveyed Fortune 500 companies,
it found that one-third of the companies in the sample saved all e-mail,
one-third deleted some messages and one-third didn't know what to
do.
"There's a lot of fear, uncertainty and doubt about e-mail archiving,"
said Mark Diamond, president, Contoural. "This is clearly on
the mind of senior management and attorneys, but a lot of companies
aren't really sure what to archive or how much it's going to cost."
At a recent e-mail archiving seminar sponsored by WinStorage magazine
(a partner of SearchDomino.com), Diamond and colleague Bill Tolson,
principal analyst at Contoural, offered messaging and storage administrators
advice on planning and implementing an e-mail archiving strategy.
Read the article
CFO Magazine, September 15, 2005
Yasmin Ghahremani
Two years ago, Gary Loveridge had a sudden realization — the
bad kind. As general counsel for Sutter Health, a nonprofit health-care
network, he realized that the way his organization handled growing
volumes of E-mail posed a risk. …
A lot depends on the company's risk profile. "The first question
we ask clients is, 'Do you believe that saving documents increases
or decreases your liability?' " says Mark Diamond, president
and chief executive of compliance and data consultancy Contoural
Inc. "It is a linchpin issue." …
No matter what approach is taken, training and enforcement are critical.
In a courtroom, it is better to have had a bad policy enforced consistently
than a great policy enforced inconsistently. "If litigators
find you are not following your policy, they will exploit that,"
says Diamond. …
Many companies find they need an outside consultant such as Contoural
to help manage the creation of their ERM program, draft policy,
and evaluate vendor solutions.
Read the article
SearchStorage.com, August 31, 2005
Beth Pariseau
Four new products hit the market this week in the compliance space
-- and analysts said it's part of a larger trend toward data retention
as standard business practice, even in businesses unaffected by
specific government or industry regulations. …
According to Mike Casey of Contoural Inc., compliance with government
regulations by bigger companies has also had a domino effect on
the midrange market. "Even for private companies, if they're
thinking about meeting increasing levels of expectation among customers,
investors and possible future acquirers, they need to start thinking
about SOX certification of their controls and financial reporting,"
Casey said.
Regulated or not, the threat of litigation, particularly in the
U.S., applies to everyone, he added. "If you get into litigation,
the odds are pretty high that if there's a smoking gun the other
party is going to have it. Deleting all your e-mails isn't going
to get rid of it, but it might get rid of context that might help
mount a defense against allegations."
Read the article
CRN, August 29, 2005
Barbara Darrow
It was a big week for instant messaging/presence with Google, Microsoft
and Oracle all weighing in. …
Some solution providers said IM is becoming a larger issue with
enterprises.
“There’s a huge amount of demand for IM at the user
level; unfortunately it’s not necessarily a good idea for
a lot of companies to use IM outside a controlled system,”
said Mark Diamond, CEO of Contoural, a Los Altos, Calif.-based IT
consultancy. “Some are simply turning off [AIM], making it
inaccessible from corporate, but they need to provide a viable alternative
or users will find another way to IM, from their cell phone or whatever.”
Read the article
Australian IT, August 23, 2005
Barbara Gengler
A recent $US1.45 billion judgment against investment bank Morgan
Stanley, because it could not reliably produce email for the court,
has storage managers revisiting, or setting up new, corporate messaging
policies. …
Contoural practice development vice-president Mike Casey says companies
should set policies and rules to manage the archiving and retrieval
of email messages and search and classify the content of email messages.
"Another step involves managing disparate email archive stores,
such as on PCs or laptops, generating reports that track capacity
growth and satisfy auditors requests," he says. …
Read the article
SearchStorage.com, July 11, 2005
Storage managers must deal with stricter government regulations
and rapidly escalating e-mail stores. There are many e-mail archiving
programs available, but finding the one that best meets your company's
needs is the key. …
It may be tempting to set a policy to delete all e-mail messages
after 60 or 90 days, believing the problem solved. Michael Casey,
vice president of data policy and ILM services at Contoural, advises
clients not to bet on that option. …
Read the article
SearchStorage.com, June 7, 2005
Shane O'Neill
Companies that are facing compliance regulations have a variety
of archiving products available. Some products address specific
applications, such as e-mail, while others enable broad archival
for unstructured data, such as documents and audio/video files.
…
Mike Casey, vice president of practice development at Contoural
Inc., a compliance and storage consulting firm in Los Altos, Calif.,
says that companies should select archiving tools based on the type
of data they are archiving and their business needs. …
Bill Tolson, principal analyst at Contoural, says that there are
both technological and procedural aspects to staying compliant.
…
Read the article
Byte & Switch, February 16, 2005
Brett Mendel
At one time, regulators charged with enforcing data security laws
had a reputation of showing more bark than bite. Not anymore. U.S.
government agencies that oversee such laws have begun to investigate
violators in earnest, say industry watchers, and expect more in
the coming year.
"It is happening with HIPAA," says Mark Diamond, president
and CEO of data storage consulting firm Contoural Inc. "If
you do not maintain security of data, you will be investigated by
the FBI."
Say what? Sending in the feds for failing to adequately protect
patient healthcare records? You bet. While the U.S. Department of
Health and Human Services (HHS) monitors compliance with the Health
Insurance Portability and Accountability Act (HIPAA), the law does
indeed expand the FBI's reach into the realm of healthcare violations.
Read the article
SearchStorage.com, December 8, 2004
Garry Kranz
Tiered storage potentially makes databases nimbler and more stable,
according to Mike Casey, a data-retention analyst with Contoural Inc.
in Los Altos, Calif. "If done intelligently, tiered architecture
ought to give you two things: better service levels on the data you
really care about and lower costs overall," he says.
Central to planning is the concept that data changes over time, in
relation to evolving customer demands and business conditions. "Build
an architecture that allows you to move data 'to secondary tiers'
after its access patterns drop off. To do that, you need to think
about data classification at the time the data is created," Casey
says.
Read the Article
SearchStorage.com, November 12, 2004
Shane O'Neill
As Monday (November 15) approaches and with it the deadline for
compliance with the Sarbanes-Oxley Act (SOX) of 2002, IT departments
are crossing the finish line with lighter wallets, still unsure
whether they've got it right or how the first round of audits will
turn out.
Mike Casey, vice president of practice development at Contoural,
a compliance and storage consulting firm in Los Altos, Calif., said
that Monday is by no means the end of SOX -- it marks the beginning
of a process where everyone is learning as they go. ... For Casey,
Sarbanes-Oxley is really about assuring best practices in storage.
"It is a way to make sure that IT is doing what it should.
Many companies lost sight of that in the boom times."
Read the Article
Network Magazine, April 2004
Elizabeth Clark
Unless you've been living on a commune in the wilderness lately,
you've probably heard about the myriad regulations that have been
established over the past couple of years to ensure proper corporate
conduct. But what you might not realize is the impact that some
of these regulations have in terms of data retention.
Read the Article
Network Magazine, March 2004
By Doug Allen
Emerging regulations require that businesses save virtually all
e-mail. The results can be overwhelming-that is, unless you have
the right intelligent management solution.
Read the Article
Storage Magazine, February 2004
Jerome Wendt
Mark Diamond, CEO and president of the storage consulting company
Contoural Inc., Los Altos, CA, thinks every e-mail should be saved.
When organizations have e-mail deletion policies in place, Diamond
says, users end up storing e-mails on local drives, CD-ROMs or elsewhere.
In the short term, deletion policies may keep down the cost of storage,
but in the long term they drive up the cost of management and discovery,
Diamond says.
Read the Article
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