Prevent content deletion

Summary: We would like to prevent content from being deleted. We have a compliance requirement to be able to trace back to the original content if needed. Has anyone prevented deletion using security or another method ?

Content (please ensure you mask any confidential information):

Navigation: My Client Groups>Learning>Content. I looked for a privilege but I don't see anything specific to deletion only.

Version (include the version you are using, if applicable):

24A Redwood

Code Snippet (add any code snippets that support your topic, if applicable):