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Why people are quitting and how companies are responding. The glaring issue here is that companies now have record numbers of ex-employees. And this is bringing the issue of retaining sensitive employee information to the fore. Combine this with stricter privacy laws and penalties for over-retention, and itu2019s no wonder data retention has become one of the biggest topics when it comes to data security and data privacy. Her at Mageu2122, we are not legal experts and do not pretend to give legal advice. But we can say something about the ways in which data should be protected.
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Data Retention vs. Data Privacy: Suggestions For Employers www.magedata.ai
A Scenario About Data Security The sensitive information in question must be kept in the company database for three years according to U.S. law. For Example, the ex-employee is threatening legal action to have the records deleted, citing current data privacy laws. The head of HR is explaining that the company is legally obligated to keep the records for three years. The ex-employee is not happy with this explanation and is threatening to take further legal action. www.magedata.ai
The Conceivable Consequences of Data Retention The tension between data retention and privacy is nothing new, but it's been heightened by recent events. More and more workers are resigning from their jobs, which means more records need to be kept. This can pose a problem for companies who need to comply with data privacy laws. It's important to find a balance between keeping records and protecting people's privacy. www.magedata.ai
The Importance Of Being Conscientious With Data Security MageData points to an alarming trend of record numbers of ex-employees. This is creating a need for companies to have robust data retention policies in order to protect sensitive employee information. In addition, stricter privacy laws and penalties are making it even more important for companies to have sound data security practices in place. www.magedata.ai
Data Security And Privacy: A Balance Of Needs Mage is not an attorney and does not provide legal advice. However, we can offer some insights on data protection and data security and access control measures. Make sure data is properly retained to satisfy legal requirements and protect privacy interests. Control access to data to ensure that it is only accessed by those who need it. Anyone with access to data should have strict guidelines and procedures in place to ensure that they are only using the data for authorized purposes. www.magedata.ai
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