Clumio announces $75M Series D and 4X YoY growth in ARR
A data retention policy is a set of guidelines that outline how long specific types of data are to be retained and when they should be disposed of. It’s important for organizations to have a data retention policy not only to comply with regulatory requirements but also to reduce legal exposure, manage storage costs, and ensure the relevancy of existing data. Creating a data retention policy requires identifying legal and business requirements, considering different types of data, defining responsibilities, and regularly reviewing and updating the policy.
Data retention regulations are centered on both ease of access to customer data and their safety. Following data laws such as GDPR, HIPAA, or the California Privacy Act is obligatory for every business sector, but the retail industry, academic institutions, governmental entities, financial services, and healthcare entities have additional specific requirements.
With an ever-growing plethora of standards and regulations that necessitate the use of data, it can be a difficult task for agencies and businesses of all sizes and areas to comply.
While many organizations are now leveraging cloud data protection solutions to secure their cloud data, data retention regulatory compliance is becoming increasingly complex and costly.
Some of these potential issues include:
Fortunately, issues like these can be mitigated or even avoided outright by using a cloud backup solution that not only manages compliance and offers visibility into policies, but also helps control costs—all while providing top-tier security for the backup data copies themselves.
Clumio is a cloud-based, completely secure backup solution that provides organizations with comprehensive data backup and defense while providing clear insight into any data security policies using several cutting-edge tools.
Through Clumio, your company is given
See the effects of a combined, thorough cloud storage system for yourself. Book an appointment right now to understand how you can shield your information and meet guidelines with the prevailing authority in AWS cloud backup with only 15 minutes of work- no installation of new technology or software is required nor any pre-preparation.
Achieving Regulatory Compliance with Cloud Backup
Adhering to regulatory compliance requirements can be complicated and error-prone if you use the wrong tools. Discover how Clumio can remove the complexity and risks of compliance for your organization.
Why Data Protection is Essential for Data Retention
Data retention policy compliance is about much more than just what data an organization can and can’t keep—security of the data is also an essential requirement. Learn how cloud backup can offer top-tier protection for all data across your organization.
An Overview of Data Retention Policy Considerations
There’s a lot that goes into determining your data retention policies. Learn some starting points and best practices for setting up your organization’s policies.
Data Management as a Service—Why Clumio Beats Cohesity
Data management has made a decided shift to a cloud-first approach, rejecting the complexity of hardware while demanding scale and agility. Discover how Clumio’s innovation in public cloud protection technology is far ahead of services like Cohesity and other data management solutions.