When dealing with the destruction of old data, the process must be 100% robust.

An example where this process was not robust when back in 2010, the Financial Services Authority (FSA) fined the UK branch of Zurich Insurance Plc (Zurich UK) £2,275,000 for failing to have adequate systems and controls in place to prevent the loss of customers’ confidential information. The fine is the highest levied to date on a single firm for data security failings.

It seems they lost an encrypted backup tape with 46,000 personnel records on it.

Well, time has moved one since then and even more data can be stored on even smaller devices now.

If this blog makes you think that your company does not have adequate processes in place, please contact the experts at Secure Data Recycling.