Guiding Technology's Digital Footprint
Navigating the Labyrinth: Technology Data Retention Policies and Practices In today's digital age, data is king. Every click, every interaction, every transaction generates valuable information that companies use to understand their customers, improve products, and drive growth. But this abundance of data comes with a responsibility – the need for robust data retention policies and practices. Why Data Retention Matters Data retention isn't just about complying with legal requirements; it's about striking a delicate balance between protecting sensitive information and leveraging valuable insights. Here are some key reasons why it's crucial: Legal Compliance: Numerous laws and regulations, like GDPR and CCPA, dictate how long organizations must retain specific types of data. Failure to comply can lead to hefty fines and...