How confident are you that your discarded end-of-life IT assets aren’t going to come back to haunt you?
[show_avatar email@example.com align=left avatar_size=80]Consider this:
Computers, containing hundreds of customer files including account numbers and balances, are often listed for sale on eBay after changing hands through the years. Who can forget the former Morgan Stanley vice president that sold his old BlackBerry on eBay for $15; it still had a trove of confidential internal e-mails and a company directory.
As these widely reported horror stories demonstrate, improper disposal of old equipment poses huge security risks.
And data security isn’t the only worry. Environmental concerns about widespread dumping of potentially toxic, used IT equipment is creating major potential legal and publicity hazards for enterprises looking to dispose of e-waste (electronic waste). E-waste can have concentrations of lead, cadmium, mercury, and other harmful chemicals.
In short, the disposal of end-of-life assets has become a ticking time bomb for many enterprises. “There’s a tsunami of used, obsolete PCs that is going to hit the marketplace, a huge backlog of assets that has not been dealt with,” explains Kathy Ferguson, business unit executive at IBM Global Asset Recovery Services. She says that many enterprises are dealing with the problem by “shoving product into the closets and the hallways.”
About 2 billion units of computer equipment will become potential scrap between now and 2015. And enterprises can no longer count on selling off their used assets at a profit, because the pace of innovation has cut the resale value of used computer equipment in half.
What’s a company with end-of-life assets to do? If you plan ahead, you can minimize your data security risks, your environmental liabilities, and your costs.
When choosing a disposal method for your equipment, and considering the data security and environmental aspects of disposal, it all comes back to risk, you have to look at how much risk you want to assume.
Help to support our mission to put people back to work — contact Interrec now for secure disposal of yout IT assets