Electronic Discovery or E-Discovery is a process wherein electronic data is found, secured, and then searched in order to find effective evidence during criminal or civil legal procedures. Electronic discovery can also be carried out without the connectivity of the Internet from a local computer. Government or court-ordered hacking in order get critical information as evidence is also considered as an e-discovery and not illegal in nature. E-discovery is expected to grow significantly during the forecast period due to the growing amount of electronically stored data and rising criminal cases such as money laundering and tax fraud, etc.
The digital data has been found to be best during the investigation, as it cannot be destroyed completely once it has been uploaded to a network. Furthermore, digital data can be searched easily for evidence. The increasing number of cyber threats and booming social media platforms are driving the demand for e-discovery solutions. The huge amount of data produced in the digital era is more likely to contribute to the rapid expansion of the e-discovery market.
Artificial Intelligence (AI), and Machine Learning (ML) the implementation of the cloud deployment models empowers organizations to reduce the cost of IT infrastructure and maintenance. In addition, the cloud deployment service also enhances the global reach of an organization.
Government departments across the globe have acknowledged the value of electronic records for several investigations. Various organizations, such as the Civil Division of the United States Department of Justice, have claimed that electronic records are useless. In addition, governments have numerous regulations to be checked, when it comes to the formation of new corporations. The recent “Paradise papers” case highlights the requirement for E-discovery in government institutions for detecting numerous offenses such as money laundering, tax fraud, and other crimes.
Key Features of Electronic Discovery Solutions