Why people are quitting and how companies are responding. The glaring issue here is that companies now have record numbers of ex-employees. And this is bringing the issue of retaining sensitive employee information to the fore. Combine this with stricter privacy laws and penalties for over-retention, and it’s no wonder data retention has become one of the biggest topics when it comes to data security and data privacy.Here at Mage™, we are not legal experts and do not pretend to give legal advice. But we can say something about the ways in which data should be protected, and how access should be carefully controlled, to satisfy both data retention needs and privacy concerns.