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14 March 2014 / Ramin Tabatabai , Mike Brown
Issue: 7598 / Categories: Features , Profession
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Big data, big problems

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As the risks of handling big data grow, information governance is an important legal & technical issue, say Mike Brown & Ramin Tabatabai

Businesses are under scrutiny like never before. Whether it’s a call from the regulator, investigations under the UK Bribery Act 2010 or the US Foreign Corrupt Practices Act 1977 (FCPA) or press reports of customer data being stolen, the financial and reputational risks that companies face are growing exponentially. Recent months have seen customer details stolen by cyber criminals and large corporations being investigated for alleged FCPA breaches. Meanwhile, the EU is threatening to “blacklist” companies found guilty of corruption offences.

In this environment, the need for companies to be in control of their data is greater than ever. Good information governance is critical to preventing, identifying and mitigating these risks, but many companies struggle to prepare themselves, leaving them vulnerable to serious financial and reputational damage.

Delivering data management

The essence of effective data management is three-fold: the prevention and identification of potential problems, the rapid reporting

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MOVERS & SHAKERS

Switalskis—Naila Arif, Harriet Findlay & Ellie Thompson

Switalskis—Naila Arif, Harriet Findlay & Ellie Thompson

Firm awards training contracts to paralegals through internal programme

Ward Hadaway—Matthew Morton

Ward Hadaway—Matthew Morton

Private client disputes specialist joins commercial litigation team

Thomson Hayton Winkley—Nina Hood

Thomson Hayton Winkley—Nina Hood

Cumbria firm appoints new head of residential property

NEWS
Freezing orders in divorce proceedings can unexpectedly ensnare third parties and disrupt businesses. In NLJ this week, Lucy James of Trowers & Hamlins explains how these orders—dubbed a ‘nuclear weapon’—preserve assets but can extend far beyond spouses to companies and business partners 
A Court of Appeal ruling has clarified that ‘rent’ must be monetary—excluding tenants paid in labour from statutory protection. In this week's NLJ, James Naylor explains Garraway v Phillips, where a tenant worked two days a week instead of paying rent
Three men wrongly imprisoned for a combined 77 years have been released—yet received ‘not a penny’ in compensation, exposing deep flaws in the justice system. Writing in NLJ this week, Dr Jon Robins reports on Justin Plummer, Oliver Campbell and Peter Sullivan, whose convictions collapsed amid discredited forensics, ‘oppressive’ police interviews and unreliable ‘cell confessions’
A quiet month for employment cases still delivers key legal clarifications. In his latest Employment Law Brief for NLJ, Ian Smith reports that whistleblowing protection remains intact even where disclosures are partly self-serving, provided the worker reasonably believes they serve the ‘public interest’ 
Family law must shift from conflict-driven litigation to child-centred problem-solving, according to a major new report. Writing in NLJ this week, Caroline Bowden of Anthony Gold outlines findings showing overwhelming support for reform, with 92% agreeing lawyers owe duties to children as well as clients
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