Addressing the new regulatory landscape: IT compliance and E-Discovery at KMCO Gaming

Abstract

With the advent of federal regulations such as the Sarbanes Oxley act and the amended Federal Rules for Civil Procedure guidelines, KMCO Gaming, a leading manufacturer of casino gaming systems, is grappling with managing electronic data and records in compliance with legal requirements. In the midst of a major lawsuit against a rival company, KMCO has decided to purchase an electronic discovery (E-Discovery) solution. E-Discovery is the process of finding and producing digital information needed as evidence for legal matters. To implement such a solution, KMCO would need to develop a formal governance structure, processes for electronic file storage and sharing, and technology tools to support the new E-Discovery system. This case provides an overview of the regulatory landscape that impacts management of electronic records and highlights some of the organizational challenges that may impede the ability for IT management to successfully deliver IT compliance initiatives. Names and identifying facts related to the company, key players and key events described in the case have been changed.