In conjunction with the huge volumes of electronic data in existence today, there has been a steep rise in the amount of confidential information being misused, lost or stolen. Organisations must now safeguard their sensitive data to meet the requirements of Australia’s updated Privacy Act, or face the harsher fines that have been defined.
On March 12th 2014, Australia implemented its Privacy Amendment Act 2012. This Act now comprehensively extends the regime around the collection, use, disclosure and transfer of data of a personal and sensitive nature. These amends follow the recent, similar changes to the EU Data Security Directives set out to provide a more harmonised approach to data protection across the EU Nations. Consequently, organisations are required to take “reasonable steps” to protect such information from misuse and loss.
As the world becomes increasingly digital and teams work collaboratively across the globe, managing large amounts of information efficiently has become paramount. Physical ring binders have always been used as a centralised tool to store, organise and transport paper documents in large bundles.
However, electronic documents and increasing workforce mobility are creating new needs which the physical ring binder can no longer satisfy. Firms are seeking digital alternatives that can integrate their modern document workflow and realise the time and cost saving potentials.
Yes, digital binders do exist and with more and more of our clients deploying them, we look at the top 5 practical ways in which firms are actually using them and making a difference.
