It's generally an article of faith that the data being presented in an application is actually the latest version. It's a dirty little secret of IT that little checking takes place.
But as compliance regulations get tougher and litigators get more IT savvy, it's becoming clearer that IT organizations increasingly will have to prove that the data is accurate and has not been tampered with.
One company moving to address this issue is GuardTime, which provides a data integrity service that essentially adds a tag to data that acts like a time stamp. According to GuardTime CEO Mike Gault, the GuardTime technology uses a new approach to hashing techniques to apply those tags. The company just picked up another $8 million in financing, so a growing number of investors are aware of the issues and opportunities.
But as Gault notes, the way we archive data is flawed when it comes to being able to distinguish what data was stored when and by whom. With a service such as GuardTime, IT organizations will be able to say for certain that the information is the latest version. That may not sound like such a big deal, but it's a lot harder to do across millions of records than most people realize. And just taking the IT department's word for it won't cut it anymore.