Like an old vacation photo, computers and other information technology (IT) equipment may become outdated, but their memories never fade.
Even printers and data tapes not properly discarded can expose sensitive data such as Social Security numbers, addresses, and account information, creating many levels of risk for financial institutions.
In this episode of the CUNA News Podcast, sponsored by Iron Mountain, Brooks Hoffman addresses the importance of IT asset disposition, a critical strategy for any organization to reduce the possibility of a data breach in today’s fraud-rich environment.
IT asset disposition is an industry term and practice built around reusing, recycling, repurposing, repairing, or disposing of unwanted equipment in a safe and environmentally responsible way.
In this interview, Hoffman, a principal on Iron Mountain’s product management team, shares business cases, misconceptions, and the changing landscape of IT asset disposition, and how to mitigate data security risks.
In this episode:
2:00: Brooks shares his background
2:31: Defining e-waste; the backstory
4:40: Defining IT asset disposition
7:20: The risks and challenges of ITAD
9:20: Where compliance fits with ITAD
10:44: ITAD best practices
12:45: How Iron Mountain works with credit unions