Morgan Stanley Suit Highlights Need for Archiving Best Practices
Morgan Stanley Suit Highlights Need for Archiving Best Practices
By Melanie Turek, Senior Vice President, Nemertes Research Inc.
March 31, 2006
News of a lawsuit between Morgan Stanley and one of its former employees proves a good example of why companies need to give more than technical consideration to the policies they put in place for e-mail and IM archiving. When asked, 90% of IT executives say they consider e-mail and IM messages to be corporate information, according to Nemertes benchmark, “Information Stewardship: Holistic Data Management in the Enterprise.” On the other hand, only 50% of companies include messaging as part of their compliance efforts—and then very often, they only include e-mail and not IM. For those companies, however, archiving is about more than just technology.
Arthur Riel, a former IT manager with Morgan Stanley whose job was to create a database of archived messages, filed suit in January claiming he was wrongfully dismissed after finding potentially damaging corporate e-mail. Morgan Stanley
accused Riel of being "engaged in a deliberate, extensive, and surreptitious review of other employees’ e-mails."
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