The digital universe is expanding rapidly. According to a recent paper from Framingham, Mass.-based IDC, a provider of market intelligence and advisory services for the IT markets, the number of digital atoms in the digital universe is already larger than the number of stars in the universe since the digital universe is expanding by a factor of 10 every five years.
This almost exponential expansion is a never-ending concern for insurance companies that must devise plans for the enterprise to address information security, privacy protection, copyright protection, screening for obscenity, fraud detection, reporting on and archiving of content, and searching, retrieving and disposal of all data created by workers or from data center servers. In addition, strategies for dealing with compliance and information governance, as well as the creation of new tools and standards to address data searching, storage and analytics are also top-of-mind concerns for carriers.
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