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    Understanding Data Retention Principles: What Every Organization Needs to Know

    skycentral.co.uk | Understanding Data Retention Principles: What Every Organization Needs to Know






    Understanding Data Retention Principles

    Understanding Data Retention Principles

    Introduction

    Data retention is the practice of keeping and storing data for a certain period of time. It is an important aspect of data management for organizations, as it helps in complying with regulatory requirements, protecting sensitive information, and managing storage costs. In this article, we will discuss the principles of data retention that every organization needs to know.

    1. Regulatory Compliance

    Organizations must adhere to various laws and regulations that govern data retention, such as GDPR, HIPAA, and the Sarbanes-Oxley Act. These regulations specify the types of data that need to be retained, the duration for which it should be kept, and the security measures that need to be in place.

    2. Data Classification

    Not all data is created equal. Organizations need to classify their data based on its sensitivity and importance. This helps in determining how long different types of data should be retained and the level of security measures needed to protect it.

    2.1. Types of Data

    There are three main types of data – structured, unstructured, and semi-structured. Structured data is organized and easy to search, unstructured data is not organized and includes things like emails and documents, and semi-structured data is a mix of the two.

    2.2. Data Sensitivity

    Data can be classified as public, internal, confidential, or sensitive based on its sensitivity. Organizations need to have different retention policies for each of these categories.

    3. Data Storage and Security

    Organizations need to have robust storage and security measures in place to ensure that the retained data is protected from unauthorized access, loss, or corruption. This includes encryption, access controls, and regular backups.

    Conclusion

    Understanding data retention principles is crucial for every organization. By complying with regulations, classifying data, and implementing strong storage and security measures, organizations can effectively manage their data retention needs and protect their sensitive information.