Developing a Data Retention Policy: Key Considerations

The Importance of Data Retention Policy Development

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Question

Which of the following is the FIRST consideration when developing a data retention policy?

Answers

Explanations

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A. B. C. D.

D.

When developing a data retention policy, the first consideration should be to identify the legal and contractual retention period for data. Therefore, the correct answer is C.

Data retention policies define how long an organization will retain its data and how it will be stored and disposed of. Developing a data retention policy is important because it helps organizations manage their data effectively and efficiently, while also meeting legal and regulatory requirements.

Identifying the legal and contractual retention period is the first consideration when developing a data retention policy because it is necessary to comply with any legal or contractual requirements for data retention. For example, some regulations may require that certain data be retained for a specific period of time, such as financial data that may need to be retained for several years.

Once the legal and contractual retention period is determined, the organization can then proceed to design an infrastructure storage strategy, determining the backup cycle based on the retention period, and determining the security access privileges to the data.

In summary, identifying the legal and contractual retention period is critical in developing a data retention policy because it ensures that the organization complies with all relevant legal and regulatory requirements.