The Federal Deposit Insurance Corporation (“FDIC”) mandates emails to be retained for at least five years. The Gramm-Leach-Bliley Act (“GLBA”) requires banks and financial institutions to retain emails for at least seven years.Dec 20, 2021
An Email Retention Policy (ERP) is a defined procedure prescribing how long emails should remain within an archiving solution before being erased. It is relied upon as a legal protection if proof of email communication is needed for a court case or to satisfy governmental regulations.
There is no minimum or maximum time stipulated for email retention in the GDPR, instead, the GDPR states that personal data can be kept in a form that allows an individual to be identified for no longer than necessary to achieve the purpose for which personal data were collected or processed.Aug 25, 2021
Emails that are official records should be covered under the organization's records retention and disposition schedule. There may also be statutory or other legal requirements for creating and maintaining records.