Managing Risk with Legal Safeguarding Agent
Electronic Record Integrity - a simple phrase that continues to become more significant in today’s business world. Every organization has critical business records, including research and development, financial, compliance records for HIPAA and Sarbanes- Oxley, as well as their own control documents used to manage customers, manufacturing processes and other sensitive areas. These records are only as good as the company’s ability to prove their integrity; that they existed with specific content at a specific point in time.
Electronic records have many advantages over paper. Unfortunately, these same advantages also expose records to tampering and fraud as we’ve seen witnessed in recent news stories. The lack of ability to prove the integrity of electronic records (who created what and when) complicates efforts in the event of a legal challenge. That is why IP.com created the legal safeguarding process.
Using electronic files doesn’t mean that you have to lose all assurances of the integrity of your work. Electronic documents can be made more secure than their paper-based counterparts through the use of legal safeguarding. Legal safeguarding is the process of fingerprinting and date-stamping electronic records so that the content and date of the document can be proven with accuracy at any future date.
