Harmonize retention periods and deletion obligations for companies
More structure, less risk: your key to efficient data management
Companies are faced with the challenge of managing growing volumes of data and complex international legal requirements that vary from jurisdiction to jurisdiction. Often, there is a lack of clearly defined and sufficiently operationalised concepts for retention periods and deletion obligations, which leads to risks and unnecessary costs. To ensure compliance and clarity and reduce costs, these obligations must be harmonised in a meaningful way.
Professional data retention and deletion management helps you use storage resources efficiently, minimise legal risks and reduce costs. Deloitte supports you with tailor-made data management solutions to make your data processes sustainable and compliant.
The challenge of retention periods and deletion obligations
Data management is one of the key challenges facing companies. The legal requirement to retain certain documents and the statutory obligations to delete personal data mean that companies must implement appropriate concepts and put them into practice.
This task is made even more complex by the different legal requirements in different countries and jurisdictions. For internationally active companies in particular, practical and globally applicable data retention and deletion management is crucial – not only to meet legal requirements and minimise risks, but also to use storage resources efficiently and reduce costs.
The consequences of non-compliance can be severe. Companies face not only heavy fines, but also significant liability risks for their management. In the event of legal disputes, improperly stored documents can weaken the company's position. This applies to documents that are stored for too long or deleted too early. In addition, the trust of customers and business partners is permanently damaged, which can jeopardise the company's reputation and business opportunities in the long term. Professional data management is therefore not only a legal necessity, but also a strategic competitive advantage.
Our solution for monitoring your retention periods and deletion obligations
With Deloitte as your partner, you benefit from a proven and cost-efficient approach to overcoming these challenges. With a unique combination of long-standing experience, technological expertise and in-depth knowledge, we develop tailor-made solutions that meet the individual requirements of every company. Our global team of data protection, IT and compliance experts works closely with you to ensure sustainable and compliant data management.
Our service covers all the essential steps for effective data retention and deletion management:
- Data analysis & structuring
We analyse your existing data sets to create transparency and identify potential for optimisation.
- Categorisation & compliance
We classify data sets in accordance with national and international regulations.
- Individual concept development
We develop tailor-made retention and deletion concepts that take legal requirements into account.
- Operationalisation of concepts
We support you in implementing retention and deletion concepts in your company, taking into account your existing operational processes.
- Tool-supported development
We implement a globally applicable system for retention and deletion periods.
- Continuous monitoring
We ensure that all data management processes remain compliant and meet current legal requirements.
- Risk assessment & audits
Our experts conduct risk-oriented audits to identify any necessary actions at an early stage.
