Data Retention Policy

Opennology Solutions
Data Retention Policy
https://www.opennology.com/

This Data Retention Policy outlines how Opennology Solutions manages, stores, and disposes of data in compliance with legal and regulatory requirements. By using our website, products, or services, you agree to the practices described in this policy. We reserve the right to update or revise this policy at any time without prior notice.

1. Purpose The purpose of this policy is to:

• Ensure data is retained for the appropriate period of time
• Preserve data integrity and prevent data loss
• Facilitate the timely and efficient retrieval of data when needed
• Dispose of data securely when it is no longer needed

2. Scope This policy applies to all data stored, processed, or transmitted by Opennology Solutions, including client data, employee data, and company records.
3. Data Retention Periods We retain data for different periods of time depending on its purpose, legal or regulatory requirements, and business needs. The following are general guidelines for data retention:

• Client data: Retained for the duration of the contractual relationship with the client, and for a period of time after the termination of the contract, as required by law or to fulfill our legal obligations
• Employee data: Retained for the duration of the employment relationship, and for a period of time after the termination of the employment, as required by law or to fulfill our legal obligations
• Financial records: Retained for a minimum of seven (7) years, or as required by applicable laws and regulations
• System logs and usage data: Retained for a period of time necessary to maintain system security, troubleshoot issues, and improve our products and services

4. Data Storage and Security We take the security of your data seriously and have implemented appropriate technical and organizational measures to protect it from unauthorized access, use, or disclosure.
5. Data Disposal When data is no longer needed, we dispose of it securely using methods such as overwriting, degaussing, or physical destruction.
6. Changes to This Policy We may update this Data Retention Policy from time to time. We encourage you to review this page periodically for the latest information on our data retention practices.
7. Contact Us If you have any questions or concerns about this Data Retention Policy, please contact us.