Data volumes continue to double year on year, while the value of data maintains its resolute upward trend. Although data – in the form of business information – facilitates our decision-making, it also brings us up against the challenges of changing regulatory regimes and data breaches. A data breach is liable to cause irreversible damage to your image. So it pays to consider your data management arrangements. Where is your data held? How long do you want to keep it? What do you plan to do with the data you have? And how will you acquire fresh data? The answers to such questions will be decisive in terms of functional use, regulatory compliance and data breach prevention.