Trying to understand and decide upon how long you should keep electronic records is a complex challenge for organisations.
Especially those organisations with a global presence. Different business sectors all have their individual requirements, as do countries around the world.
So, if you are doing business electronically and across international borders, you will need to be aware of all the local data retention rules.
Especially if you need to comply with the new EU General Data Protection Regulation
The periods for retaining records are laid down either by statute or by good practice.
This article sets out both statutory and non-statutory data retention periods in the UK for board-level directors, business owners, electronic records managers, plus other IT governance and digital compliance professionals.
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