4 Risks You Take When You Don’t Destroy Your Data Properly

Data destruction is a subject that raises fear for most large and small business owners alike. The mere thought of losing pertinent information regarding the business’s operations is something most people wouldn’t want to face.

However, as technology advances, it reaches a point where modern and efficient solutions replace the old media. It is essential to ensure that the information stored in these devices is destroyed to prevent competitive and legal implications.

Before getting rid of old hard drives and data storage devices, ensure that it is impossible to retrieve the data. Phiston Technologies provides the appropriate solutions that guarantee data destruction on storage devices to protect your business from these consequences.

•    Breach of Data

Hackers are known to be the leading cause of data breaches since they can bypass security and secure access to information. If data is not thoroughly and completely destroyed, it is easy for such people with malicious intent to access the information.

Especially with most people forced to work at home due to COVID-19 restrictions, hackers can use this data to access private information resulting in identity theft, and might use it in committing unfathomable cyber crimes.

•    Revenue Loss

The loss of data in your organization leaves your business, employees, and clients vulnerable to reputation-compromising situations. Unfortunately, solutions to mitigating this issue are costly and time-consuming, depending on the extent of the damage.

•    Government Fines

Improper destruction of data on IT hardware and equipment violates federal laws such as FACTA and HIPPA. Failure to comply leads to fines which stall business operations due to insufficient funds.

•    Lawsuits

Reluctance to comply with HIPAA and FACTA regulations could lead to a potential lawsuit. Apart from breaking federal law, customers affected by the data breach can file a lawsuit against your company in the case of identity theft.

Get in touch with our great team of professionals at Phiston Technologies to get the latest and most influential hard drive destructive solutions. Do not let you or your business be vulnerable due to inefficient data management strategies.

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