Description: Budgets for managing electronic data tripled this year at average-sized U.S. companies, according to a study, as businesses braced for an influx of lawsuits stemming from a recession that’s been partly blamed on fraud.

Source: Bloomberg.com

Date: 10/20/2009

Link:  http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_qD_YdAZA7o

Questions for discussion:

• Why is spending in this area increasing so drastically?
• How important is this problem from a legal, ethical, and managerial point of view?
• Do you think managers will deal differently with electronic information such as email in the future? Explain your answer.