The U.S. Treasury Department has issued a major fine to Morgan Stanley for improper management of drives. Executives in the electronics recovery sector say the case reaffirms the warnings they have been giving to corporate partners for years.
Apple claims GEEP Canada employees hid Apple devices out of view of an e-scrap facility’s cameras, mislabeled devices as “copper bearings” for outbound shipping, and then received kickbacks for illegally reselling them.
Amid growing data security concerns, U.K.-based Ultratec has seen greater reluctance among its customers to ship unwiped drives to Ultratec’s plants for data sanitization. Bringing drive processing capabilities to customers’ sites alleviates those concerns.