A document that outlines how long an organization retains data and how it is disposed.
A well-defined Data Retention Policy assists in protecting sensitive information from unauthorized access and potential data breaches. It also aids in organizing data systematically, making retrieval efficient and reducing storage costs by eliminating unnecessary data.
The policy also establishes the responsibilities of employees in managing data throughout its lifecycle. Regularly reviewing and updating the Data Retention Policy ensures it remains relevant and aligned with current legal standards and technological advancements.
In the context of UK business, a Data Retention Policy is essential for organizations managing personal and sensitive data. This document should be used by companies of all sizes that collect, store, or process personal data to ensure compliance with data protection laws.
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