SUBJECT 2017: INFORMATION GOVERNANCE TO INFORMATION OPPORTUNITY:
Today is the Global Information Governance Day! #GIGD occurs on the third Thursday in February and was established to raise the awareness of information governance.
WHAT IS INFORMATION GOVERNANCE (IG)?
IG is the activities and technologies that organisations employ to maximise the value of their information while minimising associated risks and costs.
IG is a holistic approach to managing corporate information by implementing processes, roles, controls and metrics that treat information as a valuable business asset:
- to make information assets available to those who need it
- to provide employees with data they can trust and easily access while making business decisions
- to reduce the legal risks associated with unmanaged or inconsistently managed information
The information governance, after a preliminary analysis, results in a classification of different value levels of your information. The outcome of this classification is the identification of your information with engaging/probative/legal value. (for instance business contracts, policies…)
Breaking news on information governance in Europe – Trusted service provider for legal documents Labgroup first PSDC to be certified – #Archiving2.0
Since three millennia, the archiving of the writings is inseparable from its paper support. However, technological advances make it possible to perform native electronic records and to dematerialise paper documents.
The European regulation eIDAS (Electronic Identification and Trust Services) 910/2014, which has been fully implemented since the 1st of July 2016, has clearly demonstrated the willingness of member states to consider these technological advances and democratise digitisation by:
- enhancing the security of electronic exchanges;
- recognizing the universal value of the electronic signature;
- granting the legal value to a digital document.
In Luxembourg the legal framework anticipates and supports this democratisation of the digitisation. The law of 25th of July 2015 on electronic archiving recognises the probative value of electronic copies of paper documents produced by a PSDC (Provider of Digitisation and Conservation Services) certified company to respect all the conditions of strict fidelity to the original and, moreover, presumption of conformity with the original.
As being the first company which is certified PSDC-DC in Luxembourg, Labgroup is certified as:
- Provider of Digitisation Services, in other words Labgroup is empowered to create legal electronic copies of paper documents;
- Provider of Conservation Services, which guarantees the integrity, confidentiality and persistence of electronic archives throughout their retention period.
What is the value of the PSDC status abroad? While Luxembourg has been a precursor with this new law, other countries have also embarked on the path of digital transformation by introducing an attractive legal regime for electronic archiving. However, no other country engages the state through the certification of service providers, such as the PSDC status in Luxembourg.
By archiving in Luxembourg, companies in Belgium or France could therefore both exploit their national legislation and benefit from the guarantees offered by the PSDC status.
Do you want to learn more about information governance or electronic archiving?
Do you need further information on legal electronic archiving, project or risk management to efficiently implement your digital transformation project? We offer dedicated and tailored intra-company trainings to help you implementing your electronic archiving project!
Contact us now for further information by sending a mail to email@example.com