In a world where data breaches are becoming increasingly common, businesses cannot afford to overlook the importance of data destruction. Sensitive information stored on devices such as computers, smartphones, and tablets can include everything from financial records and customer data to intellectual property and confidential business strategies. When this data is not properly destroyed, it can easily fall into the wrong hands, leading to severe repercussions.

The financial implications of a data breach can be staggering. According to the 2021 Cost of a Data Breach Report by IBM, the average cost of a data breach was $4.24 million. This figure includes direct costs such as fines and legal fees, as well as indirect costs like loss of business and reputational damage. For small and medium-sized businesses, a data breach can be devastating, potentially leading to bankruptcy.

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SOURCE ARCOA