Storing “everything forever” increases litigation risk, discovery costs, and storage costs. Destroying information without regard to legal requirements can lead to severe sanctions, fines, unfavorable settlement during legal events, and brand damage. Risk and cost increase when a formal program is not in place.
You can reduce litigation risk, discovery, and storage costs by instituting a formal retention program that allows defensible destruction of information. Organizations partner with Iron Mountain Consulting to create a defensible Records Retention Schedule that is supported by relevant legal and operational requirements compiled from a comprehensive database of proprietary legal research. Iron Mountain can also provide international retention rules to enable a world-wide records and information management program.
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