Data retention policy refers to the rules or policies an organisation follows for storing information. Organisations need a data retention policy for regulatory and operational purposes. Writing a data retention policy means giving due consideration to key factors, like how to dispose of information no longer needed and make information more accessible at a later date.
A data retention policy helps companies manage their data given that the amount of information companies collect is growing at an insurmountable pace, but a data retention policy helps organisations maintain relevant data.
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