EURIM’s Information Governance Group held a Directors’ Roundtable event on November 24th with the objective of identifying whether there was the will on the part of large organisations and their legal advisors and auditors, to take a lead in rebuilding confidence that their information governance is fit for purpose in a world where data loss can destroy competitive advantage.
Business risks being driven overseas by the cost of regulation that is not only irrelevant to good business practice but opens up more vulnerabilities than it addresses.
Legislation mandating or forbidding the retention or disclosure of information that is no longer needed for business purposes is set to get worse at a time when confidence has collapsed in the ability of large organisations, including government and regulators, to keep it secure.
The recent crisis in the banking industry brings into sharp focus some of the critical challenges posed to companies to maintain an appropriate information governance regime:
Such pressures suggest the increasingly vital importance of establishing information governance regimes across both public and private sectors which not only command professional and public support but also encourage and reinforce good (including efficient and profitable) business practice.
Demos and The Centre for Policy Studies participated in the event, offering perspectives from centre left and right and stimulating the debate.
Sir James Crosby gave the keynote speech which was followed by four short introductory contributions from Professor Jim Norton (Institute of Directors); Dr Louise Bennett (Chair of The Security Forum Strategic Panel); John Suffolk (Government Chief Information Officer) and Carlos Solari (VP for Security, Strategy and Solutions, Alcatel-Lucent).
Stephen Darvill (Logica, Industry Chair of EURIM’s Information Governance Group) then chaired an off-the-record discussion open to all participants and provided a concluding summary. Philip Dunne MP (Parliamentary Chair of EURIM’s Information Governance Group) spoke of the need to take this work forward under the auspices of EURIM's Information Governance group and and Margaret Moran MP (EURIM Chair) closed the event.
Dr Louise Bennett; Jeremy Boss (Chief Information Officer, Audit Commission); Nick Coleman (Independent Advisor, Cabinet Office); Sir James Crosby; Andrew Cooke (Director of Intelligence and Homeland Security, Atkins); Bob Darby (Director of Information Services, Barnardo's); Stephen Darvill; Philip Dunne MP; Louise Fluker (Company Secretary and General Counsel, DeLaRue); David Griffiths (Partner, London, Clifford Chance); Dr Gordon Head (Secure Government Manager, EDS); John Higgins (Director General, Intellect); Anne Joseph (Director EU Governmental Affairs, Reed Elsevier); Jill Kirby (Director, Centre for Policy Studies); Ian Manocha (Managing Director, SAS); Jeremy Monroe (Lead Partner National Security and Identity, IBM); Peter Montagnon (Director of Investment Affairs, ABI); Professor Jim Norton; Richard Reeves (Director, Demos); Carlos Solari; Malcolm Stirling (Director for Public Sector, CSC); John Suffolk; Clare Wardle (IP and Commercial Director, Royal Mail).
Amongst the observers who attended were officials from: ABI, BERR, BSI, Cabinet Office, CitiBank, KPMG, Metanoya and Tesco. James Brokenshire MP, The Earl of Erroll, Lord Toby Harris, Lord Renwick, The Rt Hon Alun Michael MP, Margaret Moran MP and Malcolm Harbour MEP were the parliamentarians present.
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