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The information disposition and retention policy will outline the standards for which corporate records should be retained or disposed of, how they should be retained or disposed of, and for what period they should be retained. The policy helps to provide the framework to govern the decisions to do with document retention and disposition. It seeks to implement information management techniques and provide guidance for the storage of information. The information disposition and retention policy helps to ensure that all information and records are managed and controlled to a high standard and provide a consistent, professional approach to information management.
Risks Addressed by Policy:
- Information is disposed of that is crucial to a legal dispute.
- Operational needs cannot be met as a result of the disposition of information.
- Sensitive or personal information is breached as a result of improper disposition.