News & Commentary

12:46 PM
Steve Skurnac, Sims Recycling Solutions
Steve Skurnac, Sims Recycling Solutions
Commentary
50%
50%

Mind the Security Gap: Protecting Customer Data Stored on Retired Electronics

Protecting customer data stored on retired electronics -- six questions financial institutions must ask when navigating the process of selecting a recycler for end-of-life electronics.

1.Does the recycler "own the lifecycle" or rely on subcontractors? A recycler offering a complete range of remarketing and recycling services internally will eliminate reliance on subcontractors to process your redundant electronics. Selecting a recycler that manages every step of the process internally improves accountability, increases security and streamlines reporting.

2.Can the recycler ensure data security? Look for a recycler that offers NIST-compliant data destruction and validation of that destruction, especially if IT assets will be resold. Depending on your company's requirements, you may want to locate a recycler that can provide on-site degaussing and hard drive destruction, hard drive shredding, witnessed destruction and certificates of data and physical destruction.

3.Is the recycler certified? A certified recycler is committed to not only operating in accordance with recycling industry best practices that govern environmental, health, and safety management systems (R2, e-Stewards, ISO 14001, OHSAS 18001), but is also implementing the latest standards that regulate information destruction (NAID) and the secure handling, warehousing and transportation of equipment (TAPA).

4.Does the recycler have the financial heft to protect customers from potential liability? A good indicator of a recycler's ability to do this is evidence of general and excess liability insurance as well as pollution liability and cyber security insurance. An insured recycler is able to protect customers from and manage the potential financial risks associated with recycling electronics.

5.Where does the recycler do business? A recycler operating a network of strategically located facilities will be able to process and recycle your company's obsolete electronics no matter where your company does business. This will also minimize freight costs, reduce greenhouse gas emissions and simplify logistics.

6.Does the recycler allow tours? Even if a potential recycler meets all the above criteria, conduct a site visit to see the facility size, examine the recycling equipment and evaluate the physical security measures in place. Determine if employees are background screened and drug tested. Request a list of current customers and contact them.

Remember that your organization will continue to be held accountable for the data in your technology even after retirement. That is why it's imperative for your company to reach informed decisions about the way it disposes of retired electronics. When seeking recycling services, look for a recycler that has the global reach, expertise and infrastructure to guarantee that your data is secure, your electronic equipment is processed in an environmentally responsible manner, your reputation is protected and your compliance risks are eliminated.

Steve Skurnac is the president of Sims Recycling Solutions, a global provider of electronics reuse and recycling services.

Previous
2 of 2
Next
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: Janice, I think I've got a message from the code father!
Current Issue
Security Operations and IT Operations: Finding the Path to Collaboration
A wide gulf has emerged between SOC and NOC teams that's keeping both of them from assuring the confidentiality, integrity, and availability of IT systems. Here's how experts think it should be bridged.
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-0290
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

CVE-2016-10369
Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

CVE-2016-8202
Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

CVE-2016-8209
Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

CVE-2017-0890
Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.

Dark Reading Radio
Archived Dark Reading Radio
In past years, security researchers have discovered ways to hack cars, medical devices, automated teller machines, and many other targets. Dark Reading Executive Editor Kelly Jackson Higgins hosts researcher Samy Kamkar and Levi Gundert, vice president of threat intelligence at Recorded Future, to discuss some of 2016's most unusual and creative hacks by white hats, and what these new vulnerabilities might mean for the coming year.