ITAD for Retail Organizations

How an IT Asset Disposition program can help retail organization manage their end-of-use equipment

Data security and environmental responsibility As retail moves online, retail in the physical world continues to transform in response as businesses embrace multi-channel distribution. Often this transition means replacing legacy systems and refreshing infrastructure to support mobile strategies, which in turn means retailers must increase their focus on protecting customer and employee data โ€“ including financial details and other personal information โ€“ while simultaneously handling the proliferation of platforms holding personally identifiable Information (PII).

Retailers who ignore the risks associated with disposing IT assets risk substantial damage to their brand and bottom line if a security breach occurs. Data eradication and physical drive destruction measures must be backed by strict chain-of-custody controls to ensure full accountability and auditability for each decommissioned asset.

Retailers are subject to a combination of specific and general data privacy and accountability laws and regulations including CCPA, GDPR, PCI DSS, FACTA and SOX.

With this combination of regulatory complexity and risk, itโ€™s essential to choose an ITAD provider like Ingram Micro. Our global reach, experience, processes, and certifications help ensure an effective and secure asset EOL program.

In addition, Ingram Microโ€™s ITAD services is e-Stewards certified and therefore adheres to the most stringent downstream processes for the responsible recycling of electronic waste, further promoting sustainability programs and reducing the negative impact e-waste has on the environment.

Equipment that may contain sensitive information

  • Point-of-sale (POS) systems
  • PCs, Laptops, and Tablets
  • Servers and Storage
  • Smart phones
  • Copiers, printers, and fax machines
  • Network equipment
  • Hard drives and USB drives
Industry Spotlight - Retail
Data Breach Facts

According to the Cost of a Data Breach Report 2022, conducted by the Ponemon Institute, the average cost of a data breach in the U.S. was $9.44 million, up 4.3% from 2022. Additionally, the average cost for a data breach among retail businesses was $3.28 million.

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