The average cost of a data breach with a lifecycle over 200 days is $4.95 million

August 12, 2024
The average cost of a data breach with a lifecycle over 200 days is $4.95 million

Prioritizing the destruction of data on end-of-life electronics is essential for preventing data breaches, as it guarantees that sensitive information remains inaccessible to unauthorized individuals. Through secure data destruction practices, organizations can significantly diminish the likelihood of breaches and minimize potential financial ramifications. With the average cost of a breach totaling $4.95 million for lifecycles over 200 days, proactive data destruction measures are crucial.

At 4THBIN, we recognize the significance of data as a crucial organizational asset. Our comprehensive data destruction services ensure that all data is permanently eradicated and irretrievable from electronic devices. Contact us to learn more about our secure data destruction solutions and how they can safeguard your organization from data breaches.

Related Blogs

Discover 28 easy ways to boost workplace sustainability and learn how 4THBIN helps businesses manage e-waste responsibly and protect sensitive data.

Discover 36 simple ways to reduce your carbon footprint and how 4THBIN’s e-recycling services securely dispose of electronics to minimize environmental impact.

More News

News

Moving offices? The Experts Share Key Insights & Lessons Learned

Planning an office move or closure and not sure where to start? 4THBIN went to the experts to The Advance Group, a leader in commercial moving and logistics, to help answer your questions and avoid some costly mistakes.

News

Customer Success Story

How SmartAnalyst used 4THBIN’s office relocation services to save tens of thousands of dollars

News

4THBIN and Beam Living Team Up for Green Living

4THBIN and Beam Living, a full-service real estate management company managing some of the most iconic communities in New York City, team up to deliver on green living commitment

News

Identity Management Day. #beidentitysmart! Safeguard Data on Your Old Electronics.

Identity Management Day serves as a good reminder about the importance of managing and securing your digital identities. Securing data on your old electronics is just as important as your on-line data. Study found 40% of used devices have personally identifiable information.

News

John Kirsch, Co-founder of 4THBIN, Discusses E-Waste In RTS' March Spotlight

4THBIN’s Co-founder John Kirsch sat down with Recycle Track Systems (RTS) to talk about how businesses can ensure their e-waste is recycled securely and sustainably.

Event

ALANYC Webinar:  4THBIN’s Jeffrey Zink presents “Building Resilience – Your Best Weapon Against Stress”
April 30, 2020
Webinar

ALANYC Webinar: 4THBIN’s Jeffrey Zink presents “Building Resilience – Your Best Weapon Against Stress”

4THBIN is committed to finding ways to support our clients and our community.

2018 International Conference on Sustainable Development
September 26, 2018
Webinar

2018 International Conference on Sustainable Development

4THBIN proud sponsor of "Breaking Down Silos: Fostering Collaborative Action on the SDGs"

Panel Discussion at DISSASSEMBLY:  Brooklyn
August 16, 2018
Webinar

Panel Discussion at DISSASSEMBLY: Brooklyn

A Design Exhibition Exploring Responses to Environmental Extremes.

Event

ALANYC Webinar:  4THBIN’s Jeffrey Zink presents “Building Resilience – Your Best Weapon Against Stress”
April 30, 2020
Webinar

ALANYC Webinar: 4THBIN’s Jeffrey Zink presents “Building Resilience – Your Best Weapon Against Stress”

4THBIN is committed to finding ways to support our clients and our community.

2018 International Conference on Sustainable Development
September 26, 2018
Webinar

2018 International Conference on Sustainable Development

4THBIN proud sponsor of "Breaking Down Silos: Fostering Collaborative Action on the SDGs"

Panel Discussion at DISSASSEMBLY:  Brooklyn
August 16, 2018
Webinar

Panel Discussion at DISSASSEMBLY: Brooklyn

A Design Exhibition Exploring Responses to Environmental Extremes.