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Archiving in the Technological Era

Data retention has long been a vital businessSome notable sanctions propelling the need
practice, allowing companies to use clientfor businesses to implement a comprehensive
information, assess company growth, anddata retention system are the Sarbanes-Oxley
retrieve and manipulate data on pastAct, the Health Insurance Portability and
performance, all with the goal of propellingAccountability Act of 1996 (HIPAA) and BASEL
business growth and success. A number ofII. The Sarbanes-Oxley Act, which imposes
factors contribute to a company's need tostrict standards regarding the retention of
retain data, such as future analyses ofaccounting data, was overwhelmingly passed in
business processes and compliance with2002 by the United States House of
government regulations that continue to layRepresentatives and the Senate. HIPAA,
out stricter requirements regarding thecommonly known as the Privacy Rule, is a
retention, disclosure and disposal ofhealth industry standard aimed at allowing
business data. The technological era hasthe flow of patients' health data for health
brought about a proliferation of electronicresearch purposes without disclosing an
file data, spurring revolutionary change inindividual's "protected health information,"
the way data is collected, retrieved,and requiring entities to preserve and be
archived  and  disclosed.prepared to readily disclose data for six
years. Similarly, BASEL II places disclosure
Businesses are faced with the challenge ofrequirements  on  the  financial  industry.
adhering to varying data retention
requirements at the federal and state levels.Ever increasing data retention requirements
Many recent laws have increased the length ofalso place monumental pressure on enterprise
time that businesses must retain data,data availability software companies to
placing increasing pressure on companies toproduce the most advanced archiving solutions
institute data archiving systems with thewith tremendous capacities and prolonged
capacity to securely store increasing amountsreliability. Available data archiving
of information, possibly for decades. Besidessolutions give companies the capability of
placing time requirements on data retention,storing great amounts of data that is no
regulations also require that data be secure,longer needed for business purposes in a
unable to be edited and produced on demandprotected, non-editable format in a location
with short notice. To ensure security andthat will not affect the data that is crucial
that records are retained in a non-editableto business operations. Such systems can
format, organizations must have an archivingprovide a user friendly interface to
system separate from the operational andstreamline implementation of a company's data
reference data that is still needed forarchiving strategy, and automatically discard
frequent  business  transactions and queries.information once it reached the mandatory
data retention time frame.



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