Avoid penalties for noncompliance
Many organizations are required by law or corporate policy to keep confidential company information on file for extended periods of time. This generates an ever-increasing amount of digital information to manage, and new regulations continue to necessitate changes in how and for how long information is retained and disposed of. The latter should not be underestimated: not only can a too short retention period have legal consequences, but even if information is destroyed too late, there is a risk of a data breach.
With the help of retention data stored in the system, access rules, integrity checks, and other features, digital information lifecycle management assists you in meeting compliance rules.