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Tag Archives: data security

Experts map out landmines in electronic data destruction

Published: June 16, 2022
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Hard drive shredding

At a recent industry conference, experts emphasized that removing and shredding hard drives may not destroy all data on devices. | Huguette Roe/Shutterstock

A client may ask a processor to destroy their hard drives, but doing so may not accomplish their ultimate goal: protecting the company by destroying all data. That’s because data may lurk in unsuspecting places.

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Pennsylvania processor adds capacity and evolves services

Published: March 3, 2022
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A stack of laptops and mobile devices.

Pennsylvania-based CyberCrunch has expanded its physical footprint and processing capacity in recent months. | Neirfy/Shutterstock

E-scrap recycler and ITAD provider CyberCrunch is expanding and remains poised for growth, aligning the company with a market that’s “be bought or buy,” company leaders said.

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Morgan Stanley: No data theft resulting from ITAD failure

Published: October 7, 2021
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Lock on keyboard.

The Morgan Stanley data mismanagement case continues to work its way through the court system. | wk1003mike / Shutterstock

Data that was mismanaged during Morgan Stanley’s ITAD processes has not been accessed for malicious intent, and therefore the class-action lawsuit against the financial giant should be dismissed, attorneys for the bank said in a new court filing.
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Morgan Stanley ‘ignored industry standards’ in data breach

Published: September 23, 2021
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Data center drive removal.

Lawyers allege a Morgan Stanley vice president was fired as a result of data mismanagement during an ITAD job. | Kjetil Kolbjornsrud / Shutterstock

Financial services giant Morgan Stanley terminated a contract with its long-standing IT asset disposition vendor to save money prior to a botched data center decommissioning job in 2016, lawyers alleged in court this month.

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Morgan Stanley names vendor in data security case

Published: August 19, 2021
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Morgan Stanley company logo on screen under magnifying glass.

A court filing this month revealed more details about data mismanagement that occurred during asset disposition at Morgan Stanley locations. | Mr. Tempter / Shutterstock

Morgan Stanley has identified the data center decommissioning provider it claims was responsible for a data-breach incident, which led to lawsuits and a $60 million penalty against the financial giant.

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What do consumers think about data destruction?

Published: August 19, 2021
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A stack of laptops and mobile devices.

Only 11 of 131 study respondents said they didn’t try to remove any personal data before disposing of a device. | Neirfy / Shutterstock

Consumers are overwhelmingly concerned about their personal data, and most of them try to delete it before selling or recycling their devices, according to new research.

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Survey probes COVID-19 e-scrap impact on enterprises

Published: November 19, 2020
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Hands at work on a laptop.

Most enterprises say they’ve purchased laptops because of the pandemic, and most plan to resell the devices when they’re no longer needed. | Alex Ruhl/Shutterstock

Nearly half of large organizations have created job positions related to managing scrap electronics generated during the pandemic, according to a survey.
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