Robust data management policies are important for all technology businesses, particularly for those handling third-party data. We love to see businesses being thoughtful in their approach, using encryption across all data storage, transmission and processing. This helps to safeguard sensitive data and prevent the risk of data breaches. On top of bolstering data security, having well-documented data destruction and retention policies is critical for regulatory compliance and risk management. We also look at how businesses store personally identifiable information (PII), and whether these practices comply with any local regulations that may be in place in a geographic region.