The purpose of this policy is to establish guidelines for the retention and deletion of data within our organization.
Data Retention
We will retain data for as long as it is necessary to fulfill the purposes for which it was collected. This includes data related to our business operations, such as financial records, human resources information, and customer data.
Retention periods will be determined based on legal requirements, industry standards, and business needs.
Data Deletion
We will delete data when it is no longer needed for its intended purpose. This includes data that is no longer required for legal or regulatory purposes, or for our business operations.
When data is deleted, it will be securely erased to prevent unauthorized access or disclosure.
Exceptions
Exceptions to this policy may be made in cases where legal or regulatory requirements mandate a longer retention period.
Any exceptions must be approved by the appropriate department head and documented in writing.
Review
This policy will be reviewed and updated as necessary to reflect changes in our business, legal requirements, or industry standards.
Revision History
Date of Change
Policy
Notes
Date of Change
Policy
Notes
1
1/31/2022
Data Retention and Deletion Policy
Policy Created
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Data Retention and Deletion Policy 1.1
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