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  A good data retention policy needs to clearly define its purpose, address concerns and clarify its scope. The tricky part is that it varies for different businesses based on their specific needs. Following these best practices will help you create a data retention policy that is uniquely yours.Data is one of the most valuable resources in the world today — even more valuable than oil, according to some sources. As a result, data has become a precious commodity to organizations across all industries, and a target for hackers. Given the sheer volume of data that businesses collect — as much as 7.5 septillion gigabytes per day — and the number of laws and regulations that exist to protect that data, it’s imperative that your organization develop and enforce robust data retention policies. For more at Data Retention Policy     In this blog post, we’ll take a closer look at what data retention is, why it matters, how to create a data retention policy and more.Data retention, or rec