September 2007 Archives
When I was first asked this in college, I couldn't have imagined that my life today would be captured as digital records - or that these records would be a complete digital mess.
I've worked in the IT industry my entire life. Backups, security, 512K floppy disks, USB keys...all have contributed to a disorganized digital garage.
If you asked me to write my epitaph today, here's what you'd get:
- Stephen Pieraldi - Loving Husband, Father and digital hog
That is why I founded iForem - so that I can write this epitaph instead:
Stephen Pieraldi - iForem Service Beneficiary
The digital age gave us the power to capture our life - but not to preserve it. I made iForem to ensure my digital legacy, and now I'm making it available for yours. We've created a digital trust that would cost tens of thousands of dollars for an individual to build on his or her own. You can submit your memories to a secure generational vault that can then be accessed by you and those you designate with easy-to-use software,
If you had an iForem vault, what would you save for your legacy? What protection will you bring to your company from compliance violations? How will you secure your digital future?
Join me as an iForem Service Beneficiary today for a small one-time fee - and see what iForem's Perpetual Peace of Mind is all about.
- Stephen Pieraldi - iForem, Redwood Shores - 2007
"In the not-so-distant future, businesses and other organizations will see data management issues and costs spiraling out of control and beginning to damage efficiency and their bottom line. Inefficient retrieval, increased IT costs and network slowdowns are obvious. But what about increased power costs? Even compliance with mandatory CO2 emission limits? Data-dumping and cheap storage solutions are not the answer--improved information lifecycle management (ILM) is. The principles of ILM have been defined by the Storage Networking Industry Association (SNIA) and address the need to manage information from conception to disposal--based on its intrinsic value to the company. Turn to IBM for solutions that not only include hardware and software, but help convincing management that ILM is a critical issue that must be addressed now; assistance with the development of new policies and processes based on best practices; and decision support when making the determination about which data to keep and which to discard."
toxic_tb.pdf
LINK TO IBM
Data retention requirements depend on the type of data and the purposes for which it is used. Unfortunately, there are thousands of possible requirements that can apply given those two factors.
Type and purpose condition the "external" constraints deriving from federal and state legal-regulatory requirements, from the standards of private certificatory bodies (e.g., JCAHO), and from contractual obligations to other parties with which/whom the organization has agreements.
Fiscal factors, such as tax laws and general auditing requirements, also condition data retention. (This is particularly true for publicly-traded companies subject to Sarb-Ox.) Public and private grantor agencies may set retention requirements for data related to projects they fund.
Last but by no means least, operational and other purely "internal" information needs of the organization affect retention requirements. All the risks or benefits considered relevant by the organization's stakeholders go into defining these internal standards.
In other words, it's complex, and this page can only summarize. If you have questions about the particular data retention requirements that apply to information under your control, contact your organization's designated legal counsel. If you're not sure whom to approach at UM, contact the Office of the General Counsel.
Link to web site:
he minimum records retention requirements regulations vary by state and by data type, but typically they range from three years to permanent. Legally, most businesses need to keep records long term. Broadly speaking, state and federal regulation require:
Business records: 7 years to permanent
Contracts: 7 years to permanent
Employee records: 3 years
Payroll records: 3 to 7 years
Permanent - Looks like iForem is the only real solution here.
Founder Donna Michaels is a seasoned veteran known for her expertise in building mindshare and creating momentum for emerging companies, designing effective and strategic public relations programs that drive visibility from start-up mode to market leadership. Prior to founding Loughlin/Michaels Group, Michaels achieved notable success leading public relations for Exodus Communications, NetManage, NetScaler, Telebit, RealNames and Concentric Network (XO Communications).
NEW YORK - Three spreadsheets containing more than 5,000 Social Security numbers and other personal details about customers of ABN Amro Mortgage Group were inadvertently leaked over an online file-sharing network by a former employee.
GoSmart, Inc. uses iForem to avoid this kind of problem with our enterprise grade secure document storage.
They make a great point about why books are so good - but they have not seen iForem yet :-) Lets see if this pages changes after our call today.
Videos & CD-ROMs (How long do things last?)
500 years vs. 20 years
We admit the following: We strongly favor the book over electronic and magnetic media. There are many reasons for this, but the basic one is the book's astonishing longevity, quality, and accessibility (it's user-friendly).
On a deeper level, we believe that paper and ink have a singular place in the world because of their beauty and simplicity. The subtle effects of holding and reading a book contribute to a different state of mind -- the "reading state", it is now called. It is a place of creative contemplation that we aim to support.
Now, on to specifics: According to a report from the Council on Library and Information Resources, the following statistics can be compared to the fact that non-acidic buffered paper lasts up to 500 years:
-- videotapes are unlikely to last 20 years, even under ideal storage conditions
-- videotapes can become archivally unreliable after 5 years
-- CD-ROMs are reliable for 10 years or less
-- the hardware and software needed to use CD-ROMs become obsolete within 5 years
Having said that, we also want to appreciate the way professionally prepared videos can show speech patterns, body language, and ambience. CD-ROMs? Well, they seem to store about as much information as a medium-size book with 30 photographs, but they do offer the service of allowing the viewer to access links to the web.
However, according to a September 1, 2003 report in PC-Active, a Dutch magazine, recent Dutch tests suggest that although some CD manufacturers claim that their CDs will last up to a century, "the CD-R is the wrong medium to store data files, music, or photos for posterity." The tests found that a significant number of CD-ROMs degraded even under normal conditions (room temperature, no sunlight) within months and projected that even better quality CDs will degrade sooner than manufacturers' projections.
Thus, with at least a modicum of confidence in the test of time, we believe that offset-printed books on acid-free paper are the only sure medium other than carved stone, metal, or space-age ceramics. Videos and CDs are a wonderful and appropriate accompaniment, however, and we are pleased to work with selected peers to provide clients with videos or CDs at competitive prices if they request it.
Or we think iForem is also pretty darn good. and you don't have to pay for reprints :-)
NEW RETENTION REQUIREMENTS
Sarbanes-Oxley imposes new requirements on public companies and their accounting and auditing teams with regard to the retention and destruction of certain financial records. There are three provisions that deal with electronic documents and should be of concern to corporations:
• Document alteration or destruction. Section 802 of the act amends the federal obstruction-of-justice statute by adding two new offenses. First, people who knowingly alter, destroy, mutilate, conceal or falsify any document or tangible object with the intent to impede, obstruct or influence proceedings involving federal agencies or bankruptcy proceedings may be fined, imprisoned up to 20 years or both.
• Mandatory document retention. Second, § 802 directs accountants to maintain certain corporate audit records or to review work papers for a period of five years from the end of the fiscal period during which the audit or review was concluded. It also directs the Securities and Exchange Commission (SEC) to promulgate, within 180 days, any necessary rules and regulations relating to the retention of relevant records from an audit or review. This section makes it unlawful knowingly and willfully to violate these new provisions -- including any rules and regulations promulgated by the SEC -- and imposes fines, a maximum term of 10 years' imprisonment or both.
• Obstruction of justice. Section 1102 expands the obstruction-of-justice statute that prohibits tampering with witnesses. Now acting or attempting "corruptly" to alter or destroy a record or other object "with the intent to impair the object's integrity or availability for use in an official proceeding" is punishable with fines and/or imprisonment of up to 20 years.
1. Not keeping your records straight from your backup.
First, the basics. The first step to a good records management program is simply identifying what a record is.
Life's emergency situations require advance preparation and planning. The first step is organizing your papers and communicating with appropriate individuals. Do you have an appropriate place for each document? Have you told anyone else where you keep your vital information? And have you shared your wishes in the event of your death? Many situations require that you take action now to avoid financial problems later.
You know...these guys are right!
Prepared by Robert H. Flashman, Ph.D., Extension Specialist in Family Resource Management, University of Kentucky; Celia Ray Hayhoe, Ph.D., CFPTM, Family Financial Management Extension Specialist, Virginia Polytechnic Institute and State University; and Alex Lesueur, Jr., M.S.L.S., Family & Consumer Sciences Extension, University of Kentucky.
We are contacting them about iForem. But in the mean time check out why iForem is your tool to be prepared!
Email yourself important travel document copies. If you lose your passport, visa, airline tickets, credit / debit cards or driver's license, you can download copies. Ah hah!
But instead of email, how about iForem? Create a vault, email to it, and Ah Hah! Its secure for Life!
What happens if your Email is deleted or archived while you are on that important trip? Take a closer look at iForem for your Personal Records Management.
1) The 'i" is for pure marketing and we tacked it on
2) Forem is Latin with two meanings
a) to be, exist
b) fore, forem : future infinitive of sum.
3) Sounds like Forum which is a marketing trick and we liked it
a) forum : market place, town square.
And it was not taken as a URL - so there you have it - a bit of history, marketing, and fun.
Link here:
5. LIFETIME SUBSCRIPTIONS - Competitor's SLA
*COMPANY* offers lifetime subscriptions, currently priced at $299.95. Terms of lifetime subscriptions are subject to additional conditions as outlined in this section.
A lifetime subscription runs for the life of the person subscribing. During that time, *COMPANY* will store and host your digital image and video data and allow you online access to manage that collection. Lifetime subscriptions are not transferable, although this may change in the future. If *COMPANY* is to go out of business the subscription ends. *COMPANY* may terminate a lifetime subscription at any time by returning the photos and videos to you and returning your original purchase price, currently $299.95.
In the event of an acquisition of *COMPANY*, change of control of *COMPANY*, significant merger, or other legal reorganization, *COMPANY* may terminate lifetime subscriptions by returning photos and videos and returning your purchase price. If *COMPANY* terminates your account because of a violation of our terms of service, *COMPANY* will not provide image or video data back to you, nor will we refund your subscription price. *COMPANY* may change the limits of lifetime accounts from time to time to reflect costs. Other additional services may be offered for additional cost.
As a lifetime subscriber, you are entitled to receive your photos and video back on DVD once at no cost (US Customers). *COMPANY* will provide this DVD backup for free only once, upon request. After that, a nominal charge will apply. Unlike annual and monthly subscriptions, you do not need to be a member for a year before we will return your data back to you on DVD. For customers outside the United States, a nominal shipping and handling charge will apply. For US-based customers, no shipping or handling charge will apply and the the first DVD is entirely free.
If your *COMPANY* lifetime subscription account has no activity for a period of 5 years we will consider that account dormant and will remove online access to the data. We will then keep the data for an additional 1 year, at which point we will delete your data. Activity is defined as the addition of new data or the access of old data via the web, excluding traffic generated by search engines and other automated crawlers.
You can cancel your lifetime subscription. If you cancel your subscription, we will remove your data from our servers within 90 days of your cancellation.
Another reason we created iForem! We don't use such clever lawyers tellings us what lifetime means.
Link here: Click!
Dear Stephen,
Thank you so much for using Yahoo! Photos. Before we go, we can help you move your photos to a new home.
You must decide what to do by September 20, 2007, because any photos still here after that date will be deleted. Learn more.
Click this link to read the press
See the news By ANICK JESDANUN, AP Internet Writer
Please read this and think about how iForem can bring Peace of Mind to you.
- even through bankruptcy.