Due to globalization and technology, countries are more connected than ever before. Tech improvements are such a blessing but unfortunately, they also carry many environmental, social, and privacy risks. The game turns more complex for businesses because the chance of being hacked or penalized for improper practices can be even higher since there’s so much data flying around.
What is Compliance Risk?
In short, the term 'compliance risk' refers to a company's potential exposure to legal penalties, economic damages, and material loss resulting from inappropriate activities or practices.
The top 5 main compliance risks are:
- Corrupt and illegal practices.
- Privacy violations.
- Environmental problems.
- Process risks.
- Workplace health and safety.
Now, it is more important than ever for businesses to protect sensitive information regarding their clients, employees, software, processes, and mechanisms. When replacing outdated or unwanted electronic equipment, hire a professional data destruction service to guarantee that any classified, confidential, or private information will be inaccessible to unauthorized users and hackers.
Effective ITAD Compliance.
You do not have to do this alone because GreenTek Solutions LLC provides a wide range of professional data wiping services tailored to your budget and requirements. For businesses with even more strict specifications, our DOD-compliant solutions can help you to protect your confidential information from data breaches, cyberattacks, and legal penalties.
