Secure Shredding Services Services for the Financial Industry

The success and failure of financial service businesses relies largely on the organisation’s reputation and integrity. Both consumers and corporate clients expect service and performance built on a foundation of privacy, confidentiality, and information security.

And yet, according to Trustwave Global Security Report, up to 14% of global information breaches occurred in the finance and insurance industries,¹ resulting in the theft of everything from card track data to financial credentials.

With numerous high-profile breaches, how financial institutions collect, store, and destroy confidential information is coming under increased scrutiny.

Protect your data with our secure shredding services.

Not everything you collect, store, or handle is digital. When financial forecasts are printed, or agendas are circulated, they are at risk of falling into the wrong hands if they are not handled and disposed of securely.

For that reason, every financial business is at risk of an information breach regardless of size, type, or location. Especially seeing as 24% of all data breaches are caused by employee error or negligence [6].

In an industry that relies on privacy and confidentiality, the reality is that many information breaches happen not because of inferior firewalls or passwords, but because of employee error or poor judgement.

With a quarter of your risk coming from inside, you need to ensure your staff know how to identify, handle and securely dispose of confidential information – whether that information is digital or in paper form.
 

GDPR compliance: don’t become a statistic.

Since the introduction of the General Data Protection Regulation (GDPR) in 2018, reported data breaches have surged by two-thirds, resulting in significant fines and subsequent reputational damage [7].

41% of UK consumers claim they will never return to a business that has had a data breach [8]. Ensure GDPR compliance, avoid fines and protect the reputation of your organisation with our world-class paper shredding and data destruction services.