The Growing Need for Data Erasure – A Global Shift
Summary: With growing data, the risk of sensitive and personal data being stolen is increasing each day. That’s why every organization is shifting to erasing sensitive data to keep their data management watertight. |
---|
The data erasure industry through the lens of data:
- Each second, 68 records of data either get lost or get stolen by hackers.
- Companies and organizations lose $3.92 million on average in a data breach.
- 51% of data breaches happen due to criminal or malicious attacks from hackers.
You would do yourself a favor to jump on the wagon as well. However,
In the next five minutes, learn all about what’s the need for data eraser. The article will discuss:
- How data erasure helps prevent data leakage
- How data erasure helps businesses from data breach penalties
- How data erasure helps in protecting the environment
- The data erasure software you should use
The Need for Data Erasure – A Comprehensive Guide
Preventing data leakage
Physically destroying data from drives and devices can lead to data leakage. The devices move from one person to another and from companies to external vendors. Thus, the chances of data leakage increase.
Furthermore, many external vendors don’t destroy the devices down to the recommended 2 mm width pieces. Therefore, anyone can get access to the fragment and retrieve the data.
That’s why there’s a requirement for data eraser software. The software helps companies to:
- Delete data in an irretrievable way. Thus, not even forensic methods can retrieve the data once it’s deleted.
- Delete data without destroying the devices.
- Generate an audit trail to make sure that each piece of data has been wiped out.
Secured data destruction
Companies used to wipe the hard drive contents with a magnetic pulse through a process called degaussing. An alternate way was to physically destroy the hard drive using methods such as burning, shredding, or drilling.
However, the processes were risky as in many cases fragments larger than the recommended 2 mm width is left, leaving the data vulnerable to theft.
Thus, the need for data erasure through software. Here’s how they help:
- Data erasure software wipes out the data in a way that it’s irretrievable
- Data erasure software generates tamper-proof certificates and reports that verify all data has been removed. Furthermore, companies can use these certificates and reports while conducting audits and compliance checks.
- Data erasure software uses methods that comply with government policies for deleting data.
The aforementioned benefits are why the need for data erasure is at its peak.
Protecting the Business from Data Breach Penalties
Three alarming facts for you to mull over:
- Amazon had to pay $877 million in 2021 for data breaches.
- Instagram had to pay $403 million in September 2022 for data breaches.
- T-Mobile had to pay $350 million in July 2022 for data breaches.
If the government or the court poses a similar fine on your company, not only will you face financial complications but the brand reputation of your company will slide downward as well.
Reason enough to realize the data eraser requirement?
Protecting the Environment
Blanco conducted a survey with 596 public-sector respondents to confirm that:
- Companies dispose of one solid-state drive for every three employees each year.
- Companies refresh their technology every three to four years.
- Companies perform this task even when the devices are still functional.
The practice contributes to the growing problem of e-waste. Furthermore, the practice needs manufacturers to produce more hardware to replace the existing ones. Thus, the carbon emission increases.
That’s where the need for data erasure comes in. Data erasure is an eco-friendly solution that wipes out data without the need to destroy the hardware.
Thus, companies can:
- Reuse the devices in-house
- Return leased devices
- Resell the devices
- Donate the devices to charities
That’s why the need for data erasure is essential to protect the environment.
The only Data Erasure Software You Need
Now that you know all about the need for a data eraser, the next question that comes up is which data erasure software should you choose? Which software would be best suited for your needs?
We suggest BitRaser. However, don’t take our word for it. Let’s check out the reasons why you should go for BitRaser:
- BitRaser makes sure the storage media in question is securely and permanently erased, thanks to the software’s data-wiping efficacy tested by NIST.
- The software comes with ISO customization which offers a customized and automated erasure process. The process helps businesses save both time and money.
- BitRaser generates and stores tamper-proof certificates and reports automatically on a secure cloud repository. The storage proves to be especially beneficial when you conduct compliance checks and audits.
- The software offers a single dashboard for reports of files, mobile, and drive erasure the company performs. Furthermore, BitRaser allows companies to retrieve previous records through this dashboard as well.
- BitRaser comes with a single license type for both SSDs and hard drives. Furthermore, the licenses never expire until the licenses are consumed.
The Need for Data Erasure – The Market is Only Going to Grow
The data erasure solutions market worldwide had a value of $1.3 billion in 2021. Furthermore, Experts expect the data erasure solutions market worldwide to surpass the value of $4.3 billion by the end of 2031. That’s an expected CAGR of 13.1%.
Add to that forecast the increasing cybersecurity threats and you’ll know the data eraser requirement is only going to grow. Thus, you must stay on top of the options available to know which would be the best one for you.
Now that you understand the need for a data eraser, the knowledge will help you make the most informed decision.