This isn’t to say that digital breaches aren’t of critical importance to an organization — they obviously are, and you need a plan in place to prevent and respond to these attacks. But while any number of prognosticators have made the claim that paper is on its way out, the fact is that “58 percent of businesses say that their critical business information is still stored on paper” — this according to a 2015 Information Mobility Study from IDC, commissioned by Ricoh1
And while digital security is a key part of most business strategies, far fewer organizations have a plan in place to keep their organization’s paper assets secure, other than placing it behind a lock and key.
While different industries are at varying levels of information maturity, many are still hesitant to move on from paper, citing a number of reasons. Digitization
can be time-consuming and many businesses don’t want to make the investment when they already have a storage solution in place. When this digitization is complete, employees must then be trained how to access the information they need. There’s also the comfort of having a tangible, physical copy of a record, rather than calling up a file on your tablet. And of course, there’s the fear of a data breach.
But while these are legitimate concerns, they shouldn’t stop you from making the digital transition.