What are data retention policies?
An example of an AI chatbot conversation about data retention policies.
What are data retention policies?
Data retention policies are guidelines that dictate how long an organization retains data and when it should be deleted.
Why are data retention policies important?
They help organizations comply with legal requirements, protect sensitive information, and manage storage costs.
What factors should be considered when creating a data retention policy?
Consider legal obligations, the type of data, business needs, and the potential risks of retaining or deleting data.
Can you give me an example of a data retention policy?
Sure! A common policy might state that customer data is retained for 5 years after the last transaction.
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