For years you've had boxes in the office taking up space and not doing much. In fact you can't remember the last time you looked inside one of them. So you go to chuck it out and a little voice inside your head says, "are you sure you want to do that?" Can't hurt. I mean who's going to want anything in there?
Oh go on then, chuck the lot, it won't matter!
Enter stage left, the devil in near human form, the taxman or some other government backed requester of information. They then ask you for file pertaining to XYZ.
Ahh! If only you'd been here last week we had it, it was sat over there but I'll tell you what happened. Munchkins came in last night and....... oh are those thumb screws for me?
Delivery of one paddle to one almighty creek please.
Regulatory compliance for the retention and disposal of documentation and data is not the most fascinating subject I grant you, but it will land you in very hot water if you do not follow the rules.
Before you decide to have a clear out of paperwork, have a chat with Safebox first. All business sectors will have subtle variances on what needs to be kept and what can go, so what is right for one is not necessarily right for the other.
To put it bluntly, ignorance is no longer an excuse.
Fines for the loss of data, personal or company are now very severe. The fine is calculated on the severity of the data lost in addition to the size of the company, so they have become really quite large and often crippling to an SME.
Take 10 minutes today to check that your industry sector is compliant with the regulations. It just might be the best 10 minutes you spend today.
If in you are in any doubt, speak to us at Safebox and we will be happy to help you.
http://www.thesafebox.co.uk/
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