What is a Data Retention Policy?
A Data Retention Policy is an agreement made between a business or organization and its customers or employees which outlines how their data should be stored, used, and deleted. This agreement is made to ensure the privacy and security of the data, and to comply with Florida’s Data Security Law. Data Retention Policies spell out which data will be kept and stored, and which will be deleted or destroyed. They may dictate how long certain types of data should be kept, and how they should be handled when they are no longer needed. For instance, data may need to be shredded or shredded and made unreadable before being discarded. Data Retention Policies also include strict rules about who can access the data, which should be limited to only those who need it to do their job. This prevents unauthorized disclosure of sensitive information. Policies also govern how data should be used, and how it should be safeguarded from misuse and abuse. Data Retention Policies protect businesses from liability and penalties incurred by not following Florida’s laws on data security and privacy. Organizations are also less likely to be susceptible to data breaches when they have clear and well-documented data retention policies made in accordance with the state’s laws.
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