Regulations and Compliance – Retail IndustryInformation governance (IG) is perhaps one of the functional areas that has a significant impact on legal functions. Failure to meet legal and regulatory requirements could literally put an organization out of business or land executives in prison.   Privacy, security, records management, information technology (IT), and business management functions are very important.  However, the most significant aspect of all these functions relates to legality and regulatory compliance from a critical perspective. For this discussion, identify the industry (Retail industry) you will be writing about in your final paper and discuss the regulatory compliance requirements the company must meet and the corresponding security, privacy, and records management functions that would need to be enabled for that organization. Remember to cite your sources and critically respond to two other learners.Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)Make an argument concerning the topic.At least one scholarly source should be used in the initial discussion thread. Be sure to use information from your readings and other sources from the UC Library. Use proper citations and references in your post.Read the following learning materials.Manning. (2020).“Rifled Precision”: Using E-discovery Technology to Streamline Books and Records Litigation. Vanderbilt Journal of Entertainment and Technology Law, 22(3), 663–.Ward, Purwin, C., Sipior, J. C., & Volonino, L. (2009).Recognizing the Impact of E-Discovery Amendments on Electronic Records Management. Information Systems Management, 26(4), 350–356.Vinjumur. (2018).Predictive Coding Techniques With Manual Review to Identify Privileged Documents in E-Discovery. ProQuest Dissertations Publishing.Vogel, & Rood, D. K. (2019).Dealing with subpoena requests for digital data. Journal of Accountancy, 227(3), 12–13.Tallon, Ramirez, R. V., & Short, J. E. (2013).The Information Artifact in IT Governance: Toward a Theory of Information Governance. Journal of Management Information Systems, 30(3), 141–178.Brooks. (2019).Perspectives on the relationship between records management and information governance. Records Management Journal (London, England), 29(1/2), 5–17.Bhatia, Douglas, E. K., & Most, M. (2020).Blockchain and records management: disruptive force or new approach?Records Management Journal (London, England), 30(3), 277–286.

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