5 Things You Should Know about Asset Recovery

Apr 25, 2020

The dangers of data breaches have been drummed into our heads, to the point that you may be resigned to simply handing off all your hard drives and devices to your mobile shredding partner to simply dump in an industrial shredder.  There’s nothing wrong with this, but there’s also another option: asset recovery.

If you’re looking for ways to improve how your South Dakota or North Dakota business manages IT assets, even while ensuring maximum security, it’s time to consider the many benefits to be gained from having your ITAD partner wipe and remarket still viable equipment.

Here are just a few things you should know about the advantages of proper asset recovery.

It Complies with Privacy Laws When Done Correctly

You may not feel comfortable or confident wiping your own devices, but when you partner with a certified ITAD service provider, you can trust that all traces of data will be eliminated, allowing you to repurpose devices within your own organization, or alternately, remarket them, depending on your needs.  This option is compliant with privacy laws intended to protect sensitive consumer data, and it can either save you money over buying brand new devices or help you to recoup some cost.

It Alleviates the Risks of Endless Storage

Even companies that have a solid plan for the life cycle of their IT assets don’t always extend that plan to cover end-of-life-cycle concerns.  The result can be a growing stockpile of outdated, unused equipment, often still containing confidential data.  In some cases, you may even leave unused equipment hooked up to your network, idling.

This is a major risk factor for data theft.  Even if you keep unused devices under lock and key, there’s a risk of either internal or external theft, which could lead to data breach, identity theft, and all the legal and ethical concerns that follow.

It Frees Up Space

It’s easy to toss old computers, laptops, and other equipment and devices into a room for storage until you get around to disposing of it, but you’re not only taking a major risk, you’re also wasting space.  By creating an asset recovery plan, you’ll have a process in place to move devices out immediately, minimizing risks of data theft and clearing space that could better be used for offices or other productive purposes.

It’s Good for the Environment

You’ve heard the three Rs of eco-friendly operations: reduce, reuse, and recycle.  However, some are greener than others.  While recycling whenever possible is a great way to reduce your impact on the planet, there are always going to be some parts that simply aren’t recyclable.

When you engage in asset recovery, you extend the usable life of a product and increase the duration of time between production and recycling, reducing the demand for new products, saving energy, and benefiting the planet.

It Bolsters Your Budget

Wiping equipment so you can remarket it can help you to recoup the cost of purchasing new equipment or go toward other business expenses.  There are plenty of reasons to consider asset recovery, but for many businesses, this is one of the best.

 

If you’re ready to get your asset recovery plan underway, contact the experienced professionals at SEAM today at 605-274-7326 (SEAM) or online to get started.

SEAM provides IT recycling and data destruction services including onsite shredding and hard drive wiping to South Dakota, North Dakota, Minnesota, Iowa, and Nebraska.

Schedule a pickup or contact us for more information.