Digital Forensics & eDiscovery are concepts that can negatively impact an organizations financial statement. CFO's and other executives need to know about these processes and how to manage them or risk going broke... and being held responsible. Highlights: Employee lawsuits on the rise FCPA is a growing risk Spoliation is YOUR fault Security Analytics keeps costs low... and protects data Cost saving tips

1. FEI – Western Mass
Digital Forensics &
eDiscovery (the Ba$ic$)
The Lorenzi Group
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved 1

2. Employee Lawsuits
Median Employer Cost:
$326,640.00
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

3. FCPA
Mean Average Fine (2011)
$20,000,000.00
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

4. Internal Investigations
SKYROCKETING
Up an average or 50% across all sectors
Larger companies using more frequently
MITIGATION is the Goal
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

5. Metadata
What is it?
Examples you know
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

6. Electronic Information
Documents
Emails
Instant Messages
Videos (Skype)
Maybe even voicemails…..
Computers, smartphones, copiers, Xbox, Cars…
and coming soon to a refrigerator near you!
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

7. Data
Not words in a book; Cheese on a pizza!
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

8. Digital Forensics: The
Process
Digital Forensics Using a 35MM Camera
Create a FORENSIC Load Film & Take
Image Pictures
Process Image (Data Develop Film
Carve & Index)
Analyze Data, Search Decide which Pictures
Terms, etc you like
Reporting & Testimony Scrapbook Photo Album
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

9. Your WORST Nightmare
SPOLIATION
What is the fastest way to “win” a lawsuit?
Drive up eDiscovery costs!
*NOTE: The only ones who “win” lawsuits are the lawyers!
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

10. Ounce of Prevention
Planning mitigates costs
Data segregation
Vendor strategy
Data & User Monitoring
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

11. Proactive “Forensics”
Doc’s, Email, IM’s, Skype (video calls), etc.
Resource/Program Usage
User Activity/In-Activity
Document Access & Changes
Website Visits
File Transfers, CD Burns, USB Thumbdrives
More
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

12. Cost Justification
1. Segregated data saves Time, Money, & Scope
2. Vendor Action Plans can reduce costs by 20%
3. Data & User Monitoring
40% Online Fraud is EMPLOYEE driven!
Employees SELF REPORT 1-3 hours of wasted time at work.
(Salary.com Inc 11/19/2010)
What isn’t being self reported???
15 minutes of increased productivity = 2.5%
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

13. From eDisaster to
eDiscovery
Digital Forensics is the 1st step
E-Discovery
Converting paper
Results of Digital Forensics
Review for Privilege & Relevancy
Mark & Share
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

14. Reality
This is not going away……
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

15. Doesn’t NEED to be
Expensive
Expensive is a relative term….
Planning ahead, saves more money than time
If it can be captured, it will be asked for
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

16. Cost Saving Tips & Tricks
Be LIBERAL on Preservation,
CONSERVATIVE on Restoration
It is NOT “all or nothing” (unless you wait too
long)
The hidden killer is Monthly Storage Fees
Demand Flat Rates & Fixed Pricing whenever
possible
Push vendors to work together
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

17. Digital Forensics Costs
Preservation: < $1000 per Image
Restoration: $500 per Image
Data Extraction & Analysis: $4-5K per Image
Deposition & Testimony not included
Budget $6K per media imaged
Make hard decisions @ $3K
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

18. eDiscovery Costs
Varies Widely
STOP paying by GB (gigabyte)!!
Pay Hourly or Fixed Price – Savings are in the
70% range… sometimes more
Online Hosting is expensive, but MAY be cheaper
than in-house
Expect to pay $5-10K per media image, push for
$10K Total (DiFo & eD)
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved

19. Q&A
Robert Fitzgerald
The Lorenzi Group
www.thelorenzigroup.com
866-632-9880 x123
(c) 2012 - The Lorenzi Group LLC – All Rights Reserved