Storage - Backup Solutions Copyright © IMPERIAL Online 2011 - Terms and Conditions | Spam Policy | Acceptable Policy | Privacy Policy Companies are required by law to keep backups, depending on the nature of the data, between three to thirty years. There are more than  twenty fiduciary requirements on the retention of records, with non-compliance resulting in legal liability. The Directors and IT managers may  be held personally liable for failing to comply with these laws, the most compelling being the Companies Act. Non- compliance can lead to  criminal fines as high as R10 million or up to ten years imprisonment for failure to retain records. With the release of the KINGIII Report on  corporate governance in 2010, IMPERIAL Online identified efficient and effective improvements in respect of the backup offering available and  embarked upon a multi-million rand investment to establish a state of the art data storage solution, with 3rd party agreements to ensure high-  security off-site storage facilities. Read more ..