Data Destruction Solutions for the Financial Industry

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The fiduciary duty to protect client confidentiality is the bedrock of the financial services industry. Client trust largely depends on the assurance that sensitive Nonpublic Personal Information (NPI) remains private throughout its entire life cycle. 

Phiston Technologies offers a comprehensive selection of secure data destruction solutions. Our machines enable on-site, verifiable physical destruction across all media types. We provide the right tools to build a clear, controllable path toward Gramm-Leach-Bliley Act (GLBA) compliance. 

The Strategic Advantage of In-House NPI Destruction

Controlling the entire destruction process within your office reduces chain-of-custody risks. With in-house protocols, your authorized personnel manage and witness the process, ensuring sensitive client NPI never leaves the firm’s premises. This approach creates a clear audit trail for GLBA compliance, ideal for independent financial firms and financial advisors whose reputations are built on trust.

The Ultimate Tool for Financial Data Security

Phiston Technologies designs high-security destroyers, disintegrators and accessories that allow you to take full ownership of data destruction compliance and risk management. Our equipment enables on-demand, on-site destruction of all forms of NPI, including client applications, server hard drives and backup tapes.

Products are engineered
and manufactured
in the USA

Products
designed to exceed
industry standards

Meet stringent
regulatory standards
for worker health and
safety

Fully automated for
easy of use & user
safety

Our Data Destruction Solutions for Financial Firms

Our equipment is engineered to meet both the security and operational needs of a financial environment. We provide data destruction solutions that satisfy the highest security standards for protecting NPI. Models available include office-friendly designs with a focus on safety, low noise and clean operation. Our selection of destroyers and disintegrators offers you the versatility to handle a wide range of media types.

MediaVise® Compact Combo Destroyer

The MediaVise® Compact Combo Destroyer is an all-in-one solution for a typical financial services office. It is compact, quiet, and powerful enough to destroy both legacy hard disk drives (HDDs) and the solid-state drives (SSDs) found in modern laptops and devices. This destruction method goes beyond data wiping, making the recovery of applicable NPI on decommissioned media infeasible.

MediaDice® All Media Disintegrator A2

The MediaDice® All Media Disintegrator A2 is ideal for firms seeking the absolute highest level of security. This technology uses multistage shredding, metal separation and HEPA filtration to ensure complete, irrecoverable data destruction. It reduces a wide array of digital storage media into tiny particles with a nominal length of 2 mm or less, which exceeds the most stringent GLBA compliance requirements for data destruction.

MediaVision® Scanner

The MediaVision® Scanner is the ideal addition for your compliance strategy. This accessory pairs with any destruction equipment to automatically scan and log the serial numbers of all media before destruction, creating a reliable audit trail for regulators.

Why Financial Firms Trust Phiston Technologies

We understand that for financial firms, client confidentiality is the foundation of your entire business. That’s why our team of engineers and security experts has perfected our technology for irreversible data destruction. We’ve done the research and considered all options to ensure our solutions are the best. 

Our single focus is to provide you with the tools to take complete, in-house control of your data security, so you can meet your GLBA compliance obligations and secure your clients’ trust.

Protect Your Clients and Your Firm

Taking complete control of compliance helps protect both your clients and your firm’s reputation. Browse our products online or contact our team to determine the right data destruction solution for your firm’s size and specific regulatory needs.

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Our Patents

As the leader in end of life media destruction, Phiston Technologies holds several patents as part of our innovative engineering process. Please click any of the patents below to view more details.

United states patent and trademark office - Department of commerce
United states patent and trademark office - Department of commerce
United states patent and trademark office - Department of commerce
Reviews
Our clients include
some of the largest
tech companies in
the world

Our clients include some of the largest tech companies in the world

I’m pleased to share that the new crusher (MV-HDD) is performing exceptionally, significantly better than our old one. It handles hard drives efficiently, including IDE magnetic spinners and SATA drives.

It’s also great to see that, as per the manual, the crusher can handle cellular phones, adding to its versatility. The processing time is efficient, taking just 33 to 35 seconds per load.

Overall, this crusher is proving to be both effective and efficient.

Babak Tabrizi

VP Operations for Quantum Lifecycle Partners LP

The performance of the MD-HTP-A2 from Phiston has created a need in Sweden,
and I must say the upgrades they have done recently have been fabulous.

Magnus Mattisson

Head of ITAD for Kuusakoski Recycling

Phiston has been a fantastic partner for us, they listen to their customer, invent and simplify to our needs and stand behind their product; in my opinion, they are the only true high-volume media destruction game in town.

Jeff Larson

former AWS Media Risk Mitigation Manager

The Phiston team was not only able to provide a product well within our timeline goals, but they also worked closely with us through the proof of concept process, allowing us to fully understand and provide input to drive exactly what we wanted.

Ali, Raul, and their teams partnered closely with us from start to finish and delivered the solutions we needed to address Hard Drives, SSD’s & Flash media, and we now have a solution to shred network assets.

David

Global Data Center Compliance Executive (Big Tech)

At Shred-X we know how important it is to ensure that sensitive data is completely destroyed and disposed of properly. Shred-X has been the exclusive partner in Australia to Phiston Technologies for over ten years.

Phiston’s machines are extremely efficient and reliable, and are built to meet and exceed the highest level of data security standards for end-of-life media. Phiston Technologies are always one step ahead of the game, and their innovative R&D process allows them to adapt to a constantly changing market.

Dave Rogers

Shred-X Executive