Cyber attacks incentivise businesses to update hardware

There has been much talk in the press of cybercrime recently – especially the global impact of the latest ransomware, Petya. Petya followed hot on the heels of another piece of malicious software, WannaCry, and caused huge problems for companies throughout Europe and US.

Airports, banks and government departments in the Ukraine are amongst the latest organisations to report the crippling effect of this cyberattack.

It’s deeply troubling for smaller UK companies that some of the best, most affluent organisations find it hard to combat cyberattacks such as this. The prospect of facing a ransom demand for Bitcoins in return for the restoration of important computer files is a strong incentive to update equipment and keep on top of the latest technology.

Pressure from legislation to update

There was a 475% increase in data breaches in the UK in 2016, and, quite rightly, a robust response has been formulated.

The IT industry has stepped up efforts to develop programmes that detect and combat cybercrime more effectively, and the EU General Data Protection Regulation – due to go live in May 2018 – imposes much tighter controls and processes on companies in the way they collect, store and use data.

Amongst the obligations the GDPR brings is a requirement for companies to encrypt personal information, in a bid to render data unusable if it falls into the wrong hands. For most companies, reaching compliance means investment in new machinery, software and skills.

Added to this is the rapidly expanding value of big data to drive business growth. As a result, UK companies are racing to make sure their IT is ready to meet the challenges of the future.

You’ve updated – what now?

One the areas of data security that some still overlook is proper data destruction when disposing of the hardware that has been made redundant by rapidly changing business demands.

The constant stream of updated and more advanced equipment means that simply selling on outdated hardware is pretty much impossible. As a result, there is perhaps a tendency to dispose of it as quickly as possible, without due care and attention to the information still held on it.

It’s not just about data wiping, either. Computer equipment needs proper handling, by specialists with the expertise and experience to segregate components that can be repurposed. Plus, re-usable metals needs to be efficiently extracted to support environmental priorities.

All of this can be entrusted to the safe hands of AssetCare. Contact us today to discuss data destruction services and IT recycling.