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A List of Documents in Your Storage that Should Rather be Shredded

2.5 Billion Gigabytes of Data is a lot! And, it becomes a lot more overwhelming when you’ll realize the fact that this was the amount of data generated ‘Per Day’ in 2012. With most of this data belonging to or fueled by the businesses and organizations, data security becomes a cause of concern. Especially when 13,443,149,623 data records have been stolen or lost since 2013, and 4,286 Data records are compromised every minute!

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u_starbicA List of Documents in Your Storage that Should Rather be Shredded

Record Management Security Vulnerabilities You May Have Missed

How much can a Data Breach or an Information leak cost you? Well, we are talking about millions of Dollars here. In a 2013 Data Breach disclosed by Yahoo in 2017, over 3 billion accounts were affected globally. This disclosure became a major reason for Yahoo’s rapidly declining popularity, and a $50 Million bill it agreed to pay to those who were affected.

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u_starbicRecord Management Security Vulnerabilities You May Have Missed

7 Reasons why Records and Information management is crucial for any business

As organizations expand and grow, the amount of data generated by them also multiplies exponentially with each passing year. Managing such huge loads of information becomes challenging not only because of the involved quantity, but also because of the variety of data types. Besides organizational expansion, ever evolving government regulations and policies on information retention further add to the complexity of data management.

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u_starbic7 Reasons why Records and Information management is crucial for any business

When should a record be destroyed

Destruction of records usually acquires negative connotation as it is generally assumed to be an illegal or amoral act. However, most countries have well-defined rules and procedures for the retention and destruction of records. As such, keeping records beyond the prescribed time limit can actually get you into legal and other troubles. Besides governmental or legal reasons, destruction of records is essential for practical reasons. No business (or individual) can afford to keep the vast amounts of documents and papers that accumulate over the years. In order to function efficiently, all organizations must routinely destroy the archived documents and records. This requires setting up of an intelligent and appropriate method for destruction of old.

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u_starbicWhen should a record be destroyed