A Real Form of “CyberLiability” Emerges

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When Arthur Andersen partner David Duncan met with his colleagues in their Houston office last fall, just before the onset of their now infamous computer file delete-fest, they did not couch their planned mission as a purposeful endeavor to destroy evidence relevant to an impending Securities and Exchange Commission (SEC) investigation.

Instead, according to reports, Duncan termed the endeavor as merely an effort to ensure that the Houston office was in compliance with Arthur Andersen's stated electronic records retention and management policies. Records retention and management policies (RRMPs) are all the rage amongst ...

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