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Answer:

It governs the holding and processing of personal data

The way the Data Protection Act affects the storage of customer information is by ensuring compliance with the existing rules and regulations.

What is Data Protection?

Data Protection refers to the governance concerning the holding and processing of personal data.  It involves the processes taken to prevent stored data from:

  • Misused by third parties
  • Transmitted without consent
  • Fraudulent usage, e.g. phishing scams and identity theft.

Compliance with the Data Protection Act ensures that the storage of customer information achieves the following:

  • Stored for a fair and lawful purpose.
  • Only adequate and relevant data should be stored.
  • Stored data must be updated regularly.
  • Stored data must be kept secure.
  • Data should not be kept longer than necessary.

Thus, the way the Data Protection Act affects the storage of customer information is by ensuring compliance with the existing rules and regulations.

Learn more about the storage of customer information at https://brainly.com/question/10430105