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

Wondering about the impact of business sustainability? Explore what business sustainability is & why your business must focus on an e-waste strategy.

Explore how important sustainability is to today’s consumers and why it matters for businesses looking to build trust, loyalty, and long-term impact.

More News

News

Is E-Waste Making Our Landfills Even More Toxic?

Even as we become more environmentally conscious and more people make a point of recycling their paper and plastic waste…a new pollution threat appears to be emerging.

News

4THBIN Participates in Panel discussion at DISASSEMBLY: BROOKLYN

4THBIN’s Cory Kline participated in a panel discussion on smart sustainability, e-cycling, and consumer electronics.

News

BAN e-Trash Transparency Project

BAN, an industry watchdog group, placed GPS tracking devices inside of 205 pieces of e-waste …a large chunk of it ended up overseas in what are essentially e-waste junkyards.

News

Sign the BAN Petition

Help stop e-waste from being exported to developing countries

News

4THBIN at Global Design NYU’s Collapse: Climate, Cities & Culture

4THBIN was featured at this year’s exhibition, focused on the design community’s response to environmental extremes

Event

Event