What are the implications of Big Data on data retention policies?
Big Data has significant implications on data retention policies. With the exponential growth of data, organizations are now faced with the challenge of storing and managing large volumes of information. Big Data enables businesses to collect and analyze massive amounts of data, which can be valuable for decision-making and gaining insights. However, handling this data also raises concerns about data privacy, security, and compliance with regulations. Organizations need to update their data retention policies to address the unique challenges posed by Big Data, including defining what data to retain, how long to retain it, and how to ensure proper data governance. By establishing clear retention policies, organizations can balance the benefits of Big Data with the need to protect data.