💾 Data Retention Policy
A data retention policy is a policy that requires an organization to keep certain data for a set period of time. This data may include financial records, employee records, customer records, and other types of data. The purpose of a data retention policy is to ensure that an organization has the data it needs to comply with legal requirements, such as tax laws and regulations.
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Data Retention Policy (UK GDPR, EU GDPR, DPA 2018)
The template addresses key aspects of data retention, including the lawful basis for processing, the specific purposes for which data is retained, the retention periods for different categories of personal data, and the measures taken to ensure data security during retention. It also covers procedures for periodic review and disposal of unnecessary or obsolete data, limiting data access to authorized individuals, and handling requests for data erasure or rectification.
By utilizing this template, organizations can establish a comprehensive data retention policy that aligns with UK legal requirements and guarantees compliance with data protection regulations. This policy not only helps to protect individuals' privacy rights but also reinforces trust between businesses and their customers, safeguarding sensitive information and ensuring its responsible handling throughout its lifecycle.
Publisher
Genie AIJurisdiction
England and WalesAssociated business activities
Create a data retention policy
An organization might want to create a data retention policy to help ensure important information is not lost or deleted, prevent data breaches, or comply with legal requirements.
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