2 full pages – 550 words From our weekly chapter reading, digital preservation can be defined as the long-term, error-free storage of digital information, with means for retrieval and interpretation, for the entire time span the information is required to be retained.  Though this assessment holds true to the authors, business organizations continue to face significant challenges in meeting their LTDP needs, especially those organizations whose primary mission is to preserve and provide access to permanent records. Looking at your identified industry for your paper, what considerations would have to be made in developing a long-term archival plan for a company within that industry? Textbook(ATTACHED):  Chapter 17 – Long-Term Digital Preservation Park, S. H., Zhang, Y., & Keister, L. A. (2020). Governance Innovations in Emerging Markets. Academy of Management Perspectives, 34(2), 226–239. P. C. Franks, “Government use of cloud-based long term digital preservation as a service: An exploratory study,” 2015 Digital Heritage, Granada, 2015, pp. 371-374, Pike, E. R. (2020). Defending Data: Toward Ethical Protections and Comprehensive Data Governance. Emory Law Journal, 69(4), 687–743. Zwarich, N., & Park, E. G. (2017). Toward E-Mail Governance: Policies and Practices in the Government of Canada. Canadian Journal of Information & Library Sciences, 41(3), 169–185

In developing a long-term archival plan for a company within any industry, several important considerations must be taken into account. This includes the nature of the industry itself, the specific type and volume of digital information being generated, and the regulatory and legal requirements applicable to that industry. Additionally, factors such as technological advancements and the potential risks and challenges associated with digital preservation need to be considered.

One consideration for developing a long-term archival plan is the nature of the industry. Different industries have different requirements and regulations regarding the retention and preservation of records. For example, industries such as finance, healthcare, and legal may have stricter requirements due to the sensitive and confidential nature of the information they handle. In contrast, industries like retail or manufacturing may have different priorities and may focus more on preserving product information or supply chain data.

The specific type and volume of digital information generated by the company is another important factor to consider. Companies today generate vast amounts of digital data, including documents, emails, multimedia files, and databases. Each type of data may have different preservation needs and requirements. For example, preserving emails may involve considerations such as metadata, attachments, and email threads, while preserving multimedia files may require specific formats and codecs for playback in the future.

Regulatory and legal requirements also play a crucial role in developing a long-term archival plan. Industries are often subject to various regulations regarding data retention, privacy, and security. For example, the healthcare industry is governed by regulations such as HIPAA (Health Insurance Portability and Accountability Act), which outlines the requirements for preserving and protecting patient health information. Failure to comply with these regulations can lead to legal and financial consequences for the company.

Furthermore, technological advancements and the potential risks and challenges associated with digital preservation must be considered. Technology is constantly evolving, and preserving information in obsolete formats can lead to difficulties in retrieval and interpretation in the future. Companies need to consider the scalability and adaptability of their archival systems to accommodate future technological changes. Additionally, potential risks such as data loss, corruption, or cyber threats need to be addressed through appropriate backup and security measures.

In conclusion, developing a long-term archival plan for a company within any industry requires careful consideration of various factors. These include the nature of the industry, the type and volume of digital information generated, regulatory and legal requirements, and technological advancements and associated risks. By taking these considerations into account, companies can develop robust archival plans that ensure the long-term preservation, retrieval, and interpretation of their digital information.

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