We are living in a widely digital and electronic data. Today, hard drives or discs store the majority of our personal data and company-related data. As a result of this digital-age era, information security should be a major concern. Every year, millions of Americans become victims of identity theft. In 2019, 3.2 million identity theft and fraud reports were received. Out of the 3.2 million reports, over 20 percent of the reports were related to identity theft. Data breaches cost businesses and organizations millions of dollars every year. In addition to the financial losses, businesses and organizations can also lose their great reputation and loyal customer base.
It is crucial to use proper data destruction techniques to protect sensitive and confidential data, customer information, employee information, etc. There are various laws that dictate standards and regulations for the proper destruction of data. If your business or organizations fail to follow the standards and requirements, then it can be a devastating blow to them.
If you fail to follow the laws established by FISMA, HIPAA, and others, you may have to pay substantial fines, and there is the possibility of a jail sentence if your failure to follow the laws leads to a data breach. It is important to have a clear understanding of the laws so you can avoid a major data breach.
We recommend that you ask the proper questions and seek assistance when needed in order to understand the laws and the implications of not following the laws in order to assure that you will always remain in compliance. Proper data destruction should always be a top concern for businesses and organizations. However, we do understand that not every business or organization knows where to start.
Contact Phiston
At Phiston Technologies, we can help you. Contact us today for information on our hard drive destruction equipment.
