Safely Destroying Data
With the amount of data that businesses generate from different sources increasing very fast, data destruction has become more important than ever before. However, some businesses have not implemented any data destruction policies. Below are reasons why you should destroy your company's stale data safely and securely.
Reduce Hacking Risk
If your business generates and stores large amount of data, it is more likely to suffer severe financial and reputational damage in the event of a data breach. This because the damage associated with a data breach largely depends on the size of stolen data records, according to a study done by McKinsey. For instance, cybercriminals could use financial data records to steal undertake identity theft. At the same time, remember cybercriminals can recover data stored in hard disks that have been thrown away with other types of electronic trash. As such, it is advisable to hire a professional with in-depth knowledge of secure data removal. However, you should only destroy "stale" data such as records of consumers who have died.
Reduce Operational Costs
Data storage is expensive because you will require more storage space over time, which would translate to a recurring and increasing financial burden. This is irrespective of whether you store company data in-house or in the cloud. In addition, data security costs also tend to rise over time. Luckily, you can avoid these problems by hiring an experienced professional to help you securely dispose data. Finally, moving so-called "big data" around or even manipulating it is not easy and requires expertise that could be expensive for small and medium businesses.
Lower Risk of Environmental Pollution
Electronic waste contains harmful compounds that could harm humans as well as the environment. This means it should be disposed, according to laws that govern electronic waste. It is worth noting that there have been reports of ships disposing electronic waste improperly in Africa. Fortunately, companies that perform safe electronic data erasure have facilities that comply with regulations governing this type of waste.
By hiring a reputable data erasure business, you can verify that confidential data has really been destroyed. For example, you can supervise the entire data destruction process if your records are stored in-house. Even for data stored off-site, there are ways of verifying data destruction.
Get Rid of Metadata
Data destruction is quite tricky if it is stored or backed-up on cloud-computing platforms because service providers use different data storage hardware and formats. Moreover, data erasure procedures vary widely. For this reason, it is wise to hire an expert in cloud computing as well as data storage platforms and protocols. In the past, the media has reported cases of individuals or organizations stumbling across data that they had deleted after leaving certain sites. Cybercriminals can use metadata to steal money from consumers or steal their identities.
The data that your business collects daily should be destroyed when it is no longer useful. However, destruction of business records must be done safely and in a secure environment. Benefits of doing so include lowering operational costs, reducing data breach risk, verifying destruction, lowering risk of environmental pollution, and getting rid of metadata.