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.
Operational Risks
Financial services organizations must be mindful of the risks associated with IT hardware refresh, as outdated devices may retain customer and proprietary data.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
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Our Goal
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.
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