In the modern age, data breaches are a serious and very real threat that are not considered enough when IT equipment reaches the end-of-life stage.
Data breaches can happen for a number of reasons.
The reason which is most relevant to us is when a company fails to erase computer hard drives before disposing of them.
In 2022, Morgan Stanley was ordered to pay 35 million dollars in lawsuit charges when hard drives containing the information of 15 million customers turned up in online auctions.
This happened because Morgan Stanley hired a moving a storage company which had no experience in the area of data management or erasure, and over a 5 year period, failed to oversee the movements of the company which led to an online auction of the computer equipment, which contained hard drives.
Read more about that story here.
The prevention of random data breaches in regards to hard drives and old IT Assets often comes down to individual employees.
Something we often see at Fliptech is company employees who disregard the importance of secure data erasure for their company drives.
We advise businesses and companies to train their employees in the secure handling of drives, and emphasise the importance of understanding acceptable data erasure standards.
1. Make sure your business does not leave hard drives laying around! We see it all the time – companies leaving computer and hard drives scattered around the workplace.
2. Contact a trusted provider to provide you with auditable erasure reports so that your business can have peace of mind knowing that there is no chance of a data breach. With erasure reports, you can be comfortable knowing that once a drive has been erased, you have something to demonstrate that a drive has been successfully erased.
3. Contact us to provide you with a data erasure service!
So, how does it all get recycled? Electronics recycling is a complex and confusing category of sustainability due to the components that electronics are made up of, including glass, gold, silver, copper etc. Electronics are initially disassembled and assorted into various components. Those components include circuit boards, cabling, glass, metals and plastics, in general. These
Our favourite data erasure tool – Blancco The international industry standard for corporate data erasure is Blancco. The international industry standard for corporate data erasure is Blancco. We use Blancco to produce data erasure reports that pass government and military standards. In fact, the standard we use with Blancco most often, NIST 800-88, is even
What percentage of electronics are already being recycled? Electronics are just not being recycled Australia wide. Currently only 17.4 percent of e-waste is recycled, despite it containing gold, silver, valuable glass and rare earth elements. We believe the way around this is to aim for large companies. Large companies regularly have turnover periods on their
How to prevent a data breach In the modern age, data breaches are a serious and very real threat that are not considered enough when IT equipment reaches the end-of-life stage. Data breaches can happen for a number of reasons. The reason which is most relevant to us is when a company fails to erase
The possibility of IT buyback Fliptech also buys certain IT equipment when the conditions are appropriate. If your business has IT equipment which is in working order and in sound physical condition, we may also consider buying the equipment from your business. After providing reports of the serial numbers and erasure reports of your IT
Partnership opportunities with Fliptech At Fliptech, we partner with several IT service providers so that when their clients have an option for their end-of-life IT equipment. We also place electronic waste bins in corporate environments, partnering with the facilities management to provide a collection service for all tenants in a commercial building. To discuss a partnership