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How Big Data has Redefined the Legal Industry

Smart Data Collective

While justice is the noble aim of law which has remained constant over the years, the legal industry, until recently, was also insulated from a fast-changing world of technology. One of the biggest changes of an age of technology, is the entrance of “big data” into the world, which got noticed, globally, around 2010.

Big Data 140
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Data privacy examples

IBM Big Data Hub

Data privacy is more of an art than a science, a matter of balancing legal obligations, user rights, and cybersecurity requirements without stymying the business’s ability to get value from the data it collects. When a user signs up, the app displays a privacy notice that clearly explains the data it collects and how it uses that data.

Risk 71
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UK commits over $125 million to address AI challenges

CIO Business Intelligence

Additionally, it has maintained its oversight role by enforcing compliance, including the issuance of enforcement notices to organizations. However, the UK government wants to build on this by further equipping them for the age of AI as use of the technology ramps up,” the statement read.

Risk 109
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Subscription economy defies economic headwinds, fuels recurring growth

CIO Business Intelligence

This process encompasses assessing the technology’s maturity, ensuring it meets business requirements, engaging stakeholders in decision-making, defining project success criteria, establishing a governance model, and conducting thorough legal and regulatory vetting of the vendor.

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Web accessibility emerges as a top CIO priority

CIO Business Intelligence

In the meantime, legal claims continue to proliferate that eat up time and budget. The thing that has really galvanized things over the last five or 10 years is the legal side,” says Bigham. It was one of the first of a surge of legal cases that grown steadily since then. in 2020, up more than 50% from 2018. .

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6 ways to streamline IT vendor onboarding

CIO Business Intelligence

Every time they want to bring on a new IT vendor, they must go through multiple levels of approval: procurement, legal, compliance, and more. Finally, contract negotiations and revisions can several months as legal teams revise language and terms that are suitable to both parties.

IT 117
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How to implement the General Data Protection Regulation (GDPR)

IBM Big Data Hub

The GDPR does not protect the data of legal persons, like corporations, or the deceased. Some of the most important GDPR principles include the following: All processing must have an established legal basis: Data processing is only acceptable if the organization has an approved legal basis for that processing.