“Data retention” is now everyone’s concern, and its scope goes far beyond what data to retain and for how long. Not long ago, data retention programs were the province of a handful of specialists in the legal and compliance departments. Organizations knew they had to retain certain documents for a specified number of years to meet legal and regulatory obligations and that was about it.
The situation is completely different today. New legal and business requirements mean that a cross-functional team is needed to create and enforce data retention policies. The CIO and CISO must help align data retention policies with organizationwide initiatives.