Exterro Data Retention is an industry-leading solution for developing and implementing global data retention schedules that are defensible, compliant with increasingly complex retention requirements, and effective in minimizing data risk.
India, Coimbatore, Portland, Oregon., February 22, 2024 /PRNewswire/ — Exterro, the leading data risk management software company, today announced the launch of its latest Exterro Data Retention, the world's most trusted solution for creating defensible global data retention schedules. Exterro Data Retention allows enterprises to streamline the implementation and maintenance of retention schedules across the organization, provides a clear audit trail, and allows users to easily communicate retention schedules and their requirements to internal and external stakeholders. will do so.
“The latest release of Exterro Data Retention will have an immediate and significant impact on the ability of enterprises to maintain control over their data,” he said. bobby balachandran, Founder and CEO of Exterro. “This new innovative solution provides unparalleled comprehensive coverage, aligning more than 750 record types with retention regulations and best practices across more than 300 jurisdictions. You can establish and efficiently adhere to retention schedules and effectively apply data retention best practices. Additionally, in powerful combination with Exterro Data Discovery, this solution enables you to manage data across your organization's data ecosystem. Automate the enforcement of retention schedules.”
Exterro Data Retention is unique in its ability to capture a wide range of record types and personal and sensitive data with their context, and map these records to precisely tailored retention rules to optimize data risk management. Streamlined workflows and collaboration features save employees significant time and allow them to focus on higher-value activities. The solution leverages a comprehensive regulatory library of US and international regulations and best practices and is easily implemented using other tools in the Exterro platform. Additionally, when combined with Exterro Data Discovery, data security is enhanced with defensible deletion, intelligent reporting, and proactive alerts on retention and disposition obligations, significantly reducing the risk of cyber breaches.
“The onslaught of new privacy laws and frequent updates required us to take a hard look at the policies we need to implement to achieve a consistent approach to data retention/disposal,” said General Counsel and Senior Vice President of Human Resources says Lee Harper. At Lions HR. “Exterro’s data retention solutions are a critical part of our overall data risk mitigation, privacy, and compliance program. Maintaining a centralized approach to management and defining when data can be deleted has proven to be an important tool in our compliance toolbox.”
Exterro Data Retention offers unique features for businesses that want more control over their data, including:
- Wide recording range: With over 750 ready-to-use records covering a variety of business functions and data types, the solution streamlines the management of both electronic and physical records and easily creates global data retention schedules. Masu.
- Mapping to a comprehensive regulatory library: Exterro Data Retention meticulously maps its records collection to a comprehensive library of global retention regulations and industry best practices spanning over 300 jurisdictions and nearly 300,000 citations.
- Harmonizing complex global retention requirements: This solution successfully balances conflicting retention requirements across multiple jurisdictions, enabling seamless compliance and efficient records management globally.
- Robust collaboration features: Exterro Data Retention allows stakeholders inside and outside your organization to collaborate in real-time to create and update retention schedules. Provides a notification system, makes it easy to publish the current version of your retention schedule internally and externally, and facilitates simultaneous access for multiple users to work on the same retention schedule, ensuring efficient and effective collaboration To do.
- Comprehensive audit trail: The solution maintains a detailed record of all changes and communications within retention schedules, providing a clear audit trail in regulatory investigations and demonstrating transparent and responsible record handling.
- Role-based access control: Exterro Data Retention allows organizations to isolate users' access to only the record types relevant to their specific role, protecting privacy and security.
In addition to improving operational efficiency, this solution helps organizations minimize the risk of fines and fines, reduce the risks and associated costs associated with data breaches, and reduce data storage costs.
“Given the importance of data management and data minimization, taking into account the competing requirements of international systems, and built around continuous customer support and flexibility, a product like Exterro is a comprehensive solution for any organization. “This will be an asset to global privacy compliance efforts,” he said. Christy HawkinsConsumer Financial Services, Data and Technology (CFS+) Partner, Mr. Ackerman.
Exterro, Inc. is a preferred provider of data risk management software designed specifically for in-house legal, privacy, data governance, and IT teams at Global 2000 and Am Law 200 organizations. Exterro data retention is available now. For more product information, please visit https://www.exterro.com/privacy-software/data-retention/.
About Extero Co., Ltd.
Exterro enables organizations and law enforcement agencies to address data risks to improve legal, regulatory, and investigative outcomes, save costs, and minimize the impact of threats. The company's data risk management software is the only comprehensive platform that combines data discovery, automation, workflow optimization, and responsible AI to address privacy and data governance, legal operations, digital investigations, cybersecurity readiness, and compliance. provides insight and control over the complex interconnections of . Thousands of companies, law firms, managed service providers, government agencies and law enforcement teams around the world trust Exterro to manage risk and deliver success at low cost. For more information, please visit: www.exterro.com
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