At what number did you stop or did you do all 400 because bro, or sis.. im manually doing all of this one by one on a word document and if idk it. I leave a note. I took 501 and i forgot to renew. so...
if you've backed up customer databases onto tape, you could still have details for individuals who've long since stopped doing business with you, despite the fact regulations may require you to delete this information. Keeping this data could create big problems for a company if a breach occurs, so companies will need to find a way to ensure this information is permanently erased.
Archiving financial information for longer than required by regulatory guidelines can pose a security risk. The longer data is retained, the more exposure it has to potential breaches or unauthorized access, increasing the risk of sensitive financial information being compromised. Additionally, unnecessary retention of financial data can result in legal and compliance issues if the data is accessed or disclosed improperly. Proper data retention policies should be in place to ensure that financial data is retained for the required period and then securely disposed of when no longer needed.
I dont get it. Data is a liability the moment you store it until you dispose it. So why do we think data becomes a liability only when we store it longer than what the regulations prescribed?
Data minimization has to be done to decrease liability
upvoted 2 times
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