For insurance buyers, insurance agents and insurance wholesalers!For insurance buyers, insurance agents and insurance wholesalers!

DATA RETENTION VS. DATA DESTRUCTION

An excellent article in the September 2012 issue of Corporate Counsel Magazine focuses on the tradeoffs between data management (storage, security, speed, and storage space), information management (storage, organization, and rapid access to information ), and data retention (creating a defensible policy to avoid litigation and regulatory sanctions if certain information is destroyed). According to the author, just because a business can keep data in perpetuity, often in cloud-based applications, does not mean that it should do so. The negative aspects of unlimited data retention include the difficulty of archiving and segregating information for easy access. The gist of the article is that it makes sense to have a retention policy that discards information when it's no longer required for compliance purposes, backup, or analysis. Click here to read the article.
Need insurance for You, Your Family or Your Business?
We can match you to a qualified, local insurance expert!
Get A Quote
Further Reading
Businesses need to inform their workers about health plan changes under the Patient Protection and Affordable Care Act. That's the word from Paul S. Amos, II, president of Aflac, Inc., a major health insurance provider. Says Amos, "If you believe...
When my nephew was eighteen, he wanted to buy a new car on credit.  I counseled him to buy a car he could afford for cash and begin saving what would have been his monthly payment for the next six years.  If he wanted a new car then, he ...
Whether employers are listening or not, alarms are sounding that the American workforce is increasingly growing more dissatisfied and disloyal. If businesses continue failing to recognize and respond to such trends as the job market improves, then th...
To help your business grow and stay healthy, you need to retain your employees. Your company will experience higher employee and customer satisfaction ratings, and you’ll save money and conserve resources when you maintain a consistent workforce. Gai...
Over the years we surveyed the thousands of companies that use HR That Works. Hiring somebody they can trust has been the number one concern of most companies. The second and third concerns have everything to do with the economy. Prior to the 2009...