This narrative (1) stated that Information is a corporate asset . . . . Information must be protected according to its sensitivity, criticality and value, regardless of the media on which it is stored, the manual or automated systems that process it, or the methods by which it is distributed, (2) outlined the responsibilities of information owners, custodians, and users, (3) defined the organization's three data classification categories, and (4) stated that each business unit should develop an information protection program to implement these policies.
Businesses should throw out information if it's not of utmost importance.