Digital preservation can be defined as the long-term, error-free storage of digital information, with means for retrieval and interpretation, for the entire time span the information is required to be retained. Though this assessment holds true to the authors, business organizations continue to face significant challenges in meeting their LTDP needs, especially those organizations whose primary mission is to preserve and provide access to permanent records.
For banking industry, what considerations would have to be made in developing a long-term archival plan for a company within that industry?