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How dark data puts your business in jeopardy

JRoth
0 Likes
10 months ago

Long considered a business asset that should be kept no matter what, data has become a liability for many companies.

Late last year, German authorities levied a fine equivalent to $17 million against real estate company Deutsche Wohnen SE for retaining data on tenants—such as payslips, references, and other credit information—when the data was no longer a business necessity, and for not having a proper data-retention schedule. The fine followed another penalty of almost $300,000 levied by Danish privacy authorities against Taxa 4x35  for keeping data—former customer phone numbers—past a reasonable retention limit.

Read the full article here.

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The opinions expressed above are the personal opinions of the authors, not of Micro Focus. By using this site, you accept the Terms of Use and Rules of Participation. Certain versions of content ("Material") accessible here may contain branding from Hewlett-Packard Company (now HP Inc.) and Hewlett Packard Enterprise Company. As of September 1, 2017, the Material is now offered by Micro Focus, a separately owned and operated company. Any reference to the HP and Hewlett Packard Enterprise/HPE marks is historical in nature, and the HP and Hewlett Packard Enterprise/HPE marks are the property of their respective owners.