Banks and financial institutions face strict regulations when it comes to how they store and destroy sensitive financial information. With credit card and financial data breaches becoming what seems like an everyday occurrence, these institutions are under fire to ensure IT systems are safeguarded both during and after their useful life.
ERI is the nation’s largest e-waste recycling provider, and the only nationwide company to offer 100 percent guaranteed data destruction. Using MyTrackTech, a proprietary tool developed by ERI, banks and financial institutions can track their recyclable devices from the moment they arrive at an ERI Facility all the way to their final disposition. MyTrackTech will also provide you with a Certificate of Destruction, guaranteeing that complete data destruction.
ERI Provides Three Types Of Data Destruction and Validation:
- Software Based Destruction: Data is destroyed in accordance with U.S. Department of Defense (DOD 5220.22M Specifications) and National Institute of Standards and Technology (NIST 800-88 Guidelines for Media Sanitization) protocol.
- Physical Data Destruction: Data is destroyed utilizing ERI’s shredding technology, which breaks down devices into raw commodities and guarantees 100 percent data destruction.
- Database Security Management: Clients can request video verification of destruction (i.e. live video feed) as well as a Certificate of Destruction from MyTrackTech.
ERI’s guaranteed data destruction helps banks and financial institutions remain compliant with the Sarbanes-Oxley Act, Gramm-Leach-Billey Act, FACTA Disposal regulations, the Patriot Act of 2002, PCI Data security standards and the Identity Theft Deterrence Act.
In addition to ensuring your device’s data is destroyed, ERI is strongly committed to sustainability and the environmental protection and was the first electronic recycler in the country to be dual certified by both e-Stewards and R2. ERI maintains a strict zero-export policy, ensuring your device is recycled and the raw commodities collected during the shredding process are recycled and reused through our downstream partners.
While technology is changing faster than ever, you can trust ERI to ensure your obsolete and outdated devices are wiped of 100 percent of the data they contain and safely recycled. For more information, call 1-800-ERI-DIRECT or complete the request a quote form to the right to speak with one of our recycling specialists.