Category: Data Management / Accountability
Customer: Credit Union Sector
We worked with a number of Credit Unions to document detailed retention policies. This was a complex activity as there are a number of significant pieces of legislation that govern data retention in the Credit Union and it was necessary to identify what regulatory requirements attached to each data record. Many Credit Unions have members whose relationship has spanned more than 50 years and who have only recently undertaken projects to digitise those records. It was also necessary to examine whether records could be digitised and held in digital form only and whether there were still records that needed to be kept in paper form. The result is that the Credit Unions have clear documented guidance around their retention policies enabling them to make better informed decisions about their data management procedures.
Sign-up to receive news and information from Fort Privacy
Fort Privacy processes your personal data in order to respond to your query and provide you with information about our products and services. Please see our Data Protection Statement for further information
My personal favourite old Chinese curse, "May you live in interesting times," feels particularly relevant these days. Our world is changing, with both exciting possibilities and daunting challenges emerging on every front. Change, after all, is a double-edged sword. And amidst this whirlwind of change, a new force is rapidly taking shape: Artificial Intelligence.
As a technologist, I am both excited and appalled at the developments in AI and it seems from various surveys that I am not alone. My greatest wish is that we can harness its power for good while dampening its power for misuse. It is early days yet – let’s hope this wish comes true!
Everyone loves a quiz so we decided we would kick-off the new year with a bit of tongue-in-cheek fun.
