The data retention policies within an organization are a set of guidelines that describes which data will be archived, how long they will be kept, and other factors concerning the retention of the data. The objectives of a data retention policy are to keep important information for future use or reference, to organize information so it can be searched and accessed at a later date, and to dispose of information that is no longer needed.
The following are the types of information, records and data that should be covered by every organization's data retention policy:
- Electronic communications
- Business, client, agent and supplier correspondence
- Customer records
- Employee records
- Supplier and partner information
- Transactional data
- Sales, invoice and billing information
- Accounting, banking, finance, earnings and tax data
- Health care, medical and patient information
- Student and educational data
- Other data produced and collected in fulfilling business activities
Zillable provides Network Owners and Administrators all the tools necessary to comply with a Network's Data Retention Policy. Data retention can be initiated for the entire Network or per Space.