As your business changes, you are faced with the job of dealing with unwanted or obsolete IT equipment. Your challenge is to manage the disposal of this equipment while protecting the security of your customers as well as your company's assets. Furthermore, you must also comply with environmental and safety standards set forth by states and federal regulations such as the GLB Act, FACTA, FERPA, FISMA, SOX, and HIPAA.
END OF LIFE
Penalties for Security Violations
|Gramm-Leach-Bliley Financial Services Modernization Act|
|Directors and Officers||$10,000|
|Institution||$100,000 or 1% of assets|
|Years in Prison||5 to 12 years|
|Impact on Operations||Cease and Desist|
|Civil Liability||Up to $1,000 per employee|
|Years in Prison||20 years|
|Heath Insurance Portability and Accountability Act|
|Directors and Officers||$50,000 - $250,000|
|Years in Prison||1 - 10 years|
Improper IT disposal can lead to fines and/or imprisonment. The majority of systems that are more than three years old have little economic value; however, there are legal, environmental and economic risks to enterprises for improperly disposing of these machines.
SE can help you with an effective end-of-life solution for all your IT asset disposal problems while protecting your business and customers. We will keep your sensitive data safe and ensure compliance with government regulations. Our services guarantee the security of IT asset disposal and your compliance with stringent environmental regulations.
SE works with you to identify and develop remarketing programs based on your specific needs. Custom programs use all or some of the components of our standard remarketing service offerings.
An employee sale of company equipment is a popular way to dispose of used equipment. It generates a revenue stream for your company, creates goodwill and offers a significant benefit to employees. Another option: auction sales offered through eBay.
Is it time for your leased IT equipment to be returned? There are procedures that must be completed to terminate the lease agreement and retire the equipment from its original use. Your computers are cosmetically and functionally tested to ensure the condition and identity of products returned.
Most importantly, your hard drive needs to be erased of all confidential information. Secure Erase will:
- Erase all hard drive information
- Verify the condition and configuration of "end-of-lease" equipment
- Remove all asset tags
- Clean the system
- Perform repairs as needed
- Provide a detailed report
Our fee for this service is often far less than your internal costs charged by the leasing company.