Data Retention: Boosting ROI Through Strong Security

Data Retention: Boosting ROI Through Strong Security

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Data retention. DLP a Retention: Strengthening Your Data Defenses . Sounds kinda boring, right?

Data Retention: Boosting ROI Through Strong Security - managed services new york city

    Like something only nerdy IT guys care about. But listen up, because a solid data retention policy (and strong security to back it up) can actually boost your ROI, like, seriously.


    Think about it. Youre collecting tons of data, arent you? Customer info, sales figures, website analytics, the list goes on and on.

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      Now, holding onto all of that stuff forever? Not only is that a compliance nightmare, (think GDPR fines, yikes!) but its also expensive. Youre paying for storage, for backups, and for the resources to manage all that (growing) digital baggage.


      A good data retention policy says, "Okay, we need this data for X amount of time for Y reason." After that? Buh-bye! Purge it! Securely, of course. Which brings us to the strong security part. If youre holding onto sensitive data longer than you need to, youre just increasing your risk.

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      Every extra day that customers social security number is sitting on your servers is another day it could be exposed in a breach. And breaches?

      Data Retention: Boosting ROI Through Strong Security - managed service new york

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      Those are definitely not good for your ROI. Lawsuits, reputational damage, loss of customer trust... its a financial bloodbath.


      So, how does this boost ROI, you ask? Well, first off, youre saving money on storage and management. Less data, less cost. Secondly, youre reducing your risk of a costly data breach. Prevention is always cheaper than the cure, trust me on this one. And finally, by demonstrating you take data privacy seriously, youre building trust with your customers. People are more likely to do business with a company they believe protects their information. (Think about it, wouldnt you be?)


      Yeah, figuring out the right retention period for different types of data can be tricky. You gotta consider legal requirements, business needs, and, you know, what actually makes sense. But the payoff?

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      Its worth it. A well-defined data retention policy, coupled with robust security measures, isnt just good data governance; its a smart business strategy that can significantly improve your bottom line.

      Data Retention: Boosting ROI Through Strong Security - managed services new york city

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      So, dont ignore it! Get your data house in order. Youll thank me later, probably.



      Data Retention: Boosting ROI Through Strong Security - managed services new york city

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