I've just completed doing a survey of data privacy protection laws in the
US, Canada, and a few European countries. My focus was on whether or not
data protection laws in these jurisdictions prescribe a specific minimum
or maximum retention for the protected personal, financial, or medical
data. Here is my conclusion:
"Data privacy laws in Canada, and Europe do not prescribe specific time
frames for the minimum or maximum retention periods of private data.
However they do make general, event-driven requirements for retention,
generally saying that a company must dispose of private data when it is no
longer needed for business purposes.
There is no over-arching data privacy law in the US as there are in Canada
and Europe. US federal and state privacy laws are concerned with the
collection, sharing, and protection of private data, but they do not
prescribe minimum or maximum retention periods, even in the general,
event-driven manner in which the other countries do."
I wonder if anyone else has studied this specific topic, and if so did you
come to the same conclusion? Or is my conclusion mistaken?
Thanks and have a great weekend,
Gary Link
Pittsburgh, PA
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