EOL IT Services has now merged with tier1 Asset Management Ltd

The Benefits of Secure IT Asset Disposal

by | Jun 3, 2019 | IT Security, News

Technology is like oxygen in the business world, no company can survive without it. Furthermore, with the average speed of computers doubling every year, updates to the technology we build our businesses upon are increasingly common. There is also the growing problem of e-waste, which is now a worldwide concern, with up to 90% of the world’s electronic waste (worth nearly $12 billion) illegally traded or dumped each year.

This calls for the services of a secure and reputable IT asset disposal vendor. In this article, we take a look at just some of the many benefits of secure IT asset disposal.

Ensure Data Security

In the post-GDPR world, ensuring the security of your data must be the main priority for your business when updating your technology, undertaking an office relocation, or decommissioning a data centre.

Through the use of high-grade data erasure and data destruction software and technology, a reliable IT asset disposal partner will be able to guarantee the complete data security of your redundant IT assets, ensuring that assets marked for resale are sanitised of all data, and those that cannot be resold are destroyed or recycled in compliance with all regulatory standards.

Recoup Asset Value

IT asset disposal is often thought of as strictly a data security measure, and while the security of your data is paramount for an ITAD vendor, one of the benefits the ITAD service can bring is to recoup the maximum possible value in your redundant IT assets. Depending on the age, condition and function of a particular asset, some of the value recouped can be considerable, and can often help to offset the cost of employing the service of an ITAD vendor.

Regulatory Compliance

Whatever the nature of your business, there are a number of regulations you are expected to comply with when handling or disposing of sensitive data. Ensuring full compliance with all relevant regulations is a key benefit provided by a secure IT asset disposal vendor.

Here are some of the most important regulations that an ITAD vendor can help to ensure compliance with:

GDPR – Under the GDPR, data processors and controllers are held mutually responsible in the event of a data breach, resulting in potential fines of up to €20 million or 4% of global revenue.

WEEE Directive – The WEEE Directive is an e-waste regulation which ensures that the hazardous materials in electrical equipment are handled responsibly when recycled.

Environmental Protection Act 1990 – The Environmental Protection Act 1990 protects against the disposal of litter or waste onto land or water.

A Secure Chain of Custody

A secure chain of custody is another key IT asset disposal benefit provided by a reliable ITAD vendor. A chain of custody provides a fully auditable record of the history of the ITAD process undertaken by your business, detailing which piece of equipment was handled, by whom and when, as well as information on whether the assets were destroyed, resold or recycled. In the event of a data breach, you will be able to produce a paper trail accounting for the history of a particular asset, potentially helping to protect your company legally should the breach be found in contravention of industry regulations.

Contact us today on 0161 777 1000 or visit https://www.tier1.com to find out how we can help you dispose of your data safely and reliably as part of your reverse supply chain.

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