What is the term for the necessary management of data for compliance with various policies and regulations?

The term that refers to the necessary management of data for compliance with various policies and regulations is data retention. This concept encompasses the practices and procedures involved in storing data for a specified duration in accordance with legal, regulatory, and business requirements. Organizations are often required to retain certain types of information for a specified period of time to comply with laws and regulations such as data protection laws, financial regulations, and industry standards.

Data retention policies ensure that organizations maintain required records, while also having a clear plan for when and how to dispose of data that is no longer needed. This helps mitigate risks associated with data loss, unauthorized access, or potential legal implications from not adhering to established data retention laws.

Data protection relates to safeguarding data from unauthorized access and breaches, focusing on the security aspect rather than the management of data retention. Data removal pertains to the processes of deleting or purging unnecessary data, which does not emphasize the management aspect required for compliance. Data in use refers to data that is actively being processed or accessed, which is a different consideration entirely from retention and compliance.