Proper Data Disposal
Surplus Technology Solutions
155 Berkley Street
Waltham, MA 02451
Proper Data Destruction: You May have to Face These Consequences if You Don’t Dispose of Data Properly
Proper Data destruction is like demolishing a building. Everyone thinks it’s easy, especially those who have never done it. But only those who have experience doing it know what it takes to properly demolish a building and how catastrophic it can get if they don’t do it right.
Proper data destruction involves a set of strict disposal procedures that every business needs to follow religiously. Failing to do so can put them at risk of security breaches and data theft, which can have severe consequences. And with the increasing cases of data breaches and theft among businesses, it becomes all the more important to ensure secure data destruction.
Just to give you an idea, we have compiled a list of a few potential consequences that may happen if you don’t properly dispose of your data and end-to-life IT equipment. Let’s check them out:
Non-Compliance Fines and Settlements
You probably didn’t know this, but regulatory statutes, such as HIPAA, FACTA, and Sarbanes-Oxley, require every business to store and dispose of their data in a certain way to minimize the risk of data breaches. If you don’t ensure secure proper data destruction following the regulations provided by these regulatory bodies, you may have to incur hefty fines and legal troubles. So, to avoid such compliance issues, better destroy or dispose of your data and IT hardware properly. You can also call data destruction services to get the job done the way it should be.
While you can get away with fines and financial penalties that arise with improper document destruction, how do you deal with the loss of trust among your customers and damage to your reputation?
Regardless of the industry or nature of business, your customers trust you with the personal information they share when doing business with you. Not just your customers, your employees also expect you to protect their data. But when you fall prey to a data breach, owing to improper data destruction, your reputation as a business takes a drastic toll, which is bad for business.
The most potentially devastating effect of improper document destruction is that you could lose your business. According to a report by Inc., 60% of small businesses shut down within six months after experiencing a data breach.
If your business doesn’t follow necessary procedures while destructing or disposing of data and end-to-life IT hardware, it is more likely to fall prey to data breaches than those who get help from data destruction services. And if you experience a data breach, you may lose your business.
No matter your business, it’s best to pay attention to how you dispose of your data and end-to-life IT hardware and software. Doing so will save you from becoming a target of data breaches.
If you are looking for data destruction services to dispose of your data properly, feel free to get in touch with us today.