What's happening in Financial Services?
The data destruction process in Financial Services carries special importance due to the sensitive personal data being processed. With data privacy regulations becoming stricter and data breach incidents on the rise, organizations must take every necessary step to protect Personal Identifying Information (PII). This is especially true with regard to online data storage and banking.
As data destruction technologies and processes advance, more financial organizations are turning to third-party partners to ensure their data is destroyed properly. With the right shredding methods in place, financial services providers can trust that their data remains secure, even after it has been disposed.
Financial services organizations must be mindful of the risks associated with IT hardware refresh, as outdated devices may retain customer and proprietary data. Without proper sanitization or destruction methods in place, this can become a costly breach – not to mention damage to reputation.
To secure operations, companies should ensure that all decommissioned assets are cleared properly before release from storage and disposal.
What your team can do
Teams can start taking measures to ensure data destruction is an essential part of data security, as it helps guarantee that client data remains safe from unauthorized access. Data destruction for financial services requires rigorous standards in destroying all data, especially Personal Identifying Information (PII).
- To mitigate data breach risks, financial services companies should implement data destruction policies that are compliant with established legal regulations
- Financial services must use reliable data destruction service vendors to ensure their data is properly destroyed
Electronics Recycling Services
IT Asset Disposition
Auditing and Reporting
Frequently asked questions
You have questions about electronic recycling, and we have answers. Don't see the answer to your question? Contact us and let's get the conversation started!Contact us
At Full Circle Electronics Group, we ensure that all sensitive data is securely erased before recycling electronics by following industry-standard data destruction practices. We physically destroy hard drives or use software to overwrite them multiple times with random data. We also establish a chain of custody for devices containing sensitive information and document the entire data destruction process. Our unique 5 Point Destruction Process will always put your company’s security first.
- Vet: Vetted professionals will pick up all equipment set for decommissioning.
- Deliver: Our team will deliver all equipment to our secure facility.
- Track: We will serialize and inventory all equipment to ensure proper tracking.
- Cleanse: All equipment data is degaussed and corrupted.
- Certify: We will provide your business with a certificate of destruction.
Contact us for more information.
Full Circle Electronics Group and its locations hold several certifications, including R2, FERPA, HIPAA compliance, and ISO 14001, 45001, and 9001 certifications that demonstrate our commitment to responsible electronic waste disposal practices. These certifications require us to adhere to strict standards related to environmental protection, worker health and safety, and data security. Contact us for more information.
To track and document the disposal of decommissioned electronics, Full Circle Electronics Group implements asset tracking systems that record information about each device throughout its lifecycle, from procurement to disposal. This documentation helps businesses comply with regulations related to data privacy and environmental protection while also mitigating potential legal liabilities. Contact us for more information.
Full Circle Electronics Group helps organizations establish a comprehensive solution for recycling and remarketing retired electronics can help you recover costs, ensure secure data destruction, and maximize the value of your retired devices. We may offer buyback or trade-in programs for certain devices or materials such as precious metals like gold or silver found in circuit boards. Contact us for confirmation and more information.
At Full Circle Electronics Group, we work closely with businesses to develop customized electronics recycling programs that meet their needs and goals while balancing environmental responsibility, data security, and cost-effectiveness. Our expertise includes secure data destruction protocols, clear chain-of-custody procedures, and asset tracking systems that allow for efficient disposal while maximizing the recovery of valuable materials. Contact us for more information.
With decades of industry expertise, our in-house de-manufacturing and processing methods help us maintain our status as an industry leader. The company’s certified destruction capabilities efficiently serve the needs of Fortune 100 companies requiring the safe destruction of data and materials. Our specialized knowledge of constantly evolving industries means you can rest assured that your equipment will be handled with care from start to finish.Contact Us