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August 25, 2015
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Returning to work after your summer holiday is a good time to review your current information security controls, and implement changes to any areas which may need improvement. One crucial element of any information security plan is ensuring the secure destruction of any confidential information.
Protecting the confidential information of your stakeholders (whether they are clients, patients or students for example) and employees, is incredibly important. A recent study showed that while overall awareness of the legal requirements concerning confidential data is increasing, 27% of small companies have no protocol in place for storing and disposing of confidential data. Considering the damaging consequences of a data breach, this is a worrying statistic; last year alone the Information Commissioner's Office (ICO) issued over £1.1 million in fines for breaches of the Data Protection Act.
And the implications aren’t just monetary- the damage to reputation caused by an information security breach are serious too. For example, one study found that 93% of companies that suffer data loss for more than 10 days file for bankruptcy within a year, while another study of the retail industry found that 48% of loyal consumers avoid a retailer after a security breach.
There are many shredding companies offering a range of paper shredding services, and it may feel difficult to distinguish between them when searching for a reliable and trustworthy document and data destruction service provider. Here are some tips to help you.
Having a dedicated document shredding partner gives you peace of mind as documents are only ever handled by security-vetted staff and there is a secure chain of custody from collection to the time they are destroyed. Whether your business decides to have on site or off site shredding and data destruction, you will receive a Certificate of Destruction as proof of your compliance with data protection best practices. Shred-it has even more tips for choosing an information destruction provider in our free online Resource Centre.
Want to keep up to date with news in the information security industry? Follow @Shredit_UK on Twitter. Or to discover potential security risks in your business today, book your free Data Security Survey.
Fill out the form or call 0800 197 1164 to start protecting your business today!