even if i implement DLP and data life cycle management Do i need external cloud storage or backup solutions for data in M365 (One drive echange online sharepoint ) ?

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i would like to implement DLP and data life cycle management, so i wonder i need an additionnal backup solution for my data. if not storage how i can manage storage on microsoft to have enough space for retention policies

Microsoft 365
Microsoft 365
Formerly Office 365, is a line of subscription services offered by Microsoft which adds to and includes the Microsoft Office product line.
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