It is always in your best interest to protect data stored on IT assets, whether working or not. Without structure or guidance however, data stored within servers, hard drives, mobile devices and other IT equipment could exist even when you thought you had it all removed.
The development of data security regulations is largely inspired by the growing awareness of existing data threats and risks. More businesses today are privy to the damage one data breach can cause. Big-named brands who’ve suffered a data breach have had to be the example to the industry and showcase the effects of allowing a (what may have appeared insignificant) gap in security. Compliance issues, lawsuits and reputational damages are among the most destructive and are likely to result after suffering a data breach.
In fact according to a worldwide survey nearly two-thirds (64 percent) of consumers say they are unlikely to do business again with a company that experienced a breach where financial information was stolen. In addition almost half (49 percent) had the same opinion when it came to data breaches where personal information was stolen2.
Therefore, today businesses are focusing on ramping up their cybersecurity and in knowing this; data thieves may try to search for the less-common security gaps where there may not be as much resistance. Security gaps often overlooked are those that exist during IT asset disposition. Thankfully, there are things you can do to ensure that at least during the disposition of your IT equipment, those gaps are filled.
Download our latest white paper to learn more about how you can strengthen your ITAD security.