Banking and Finance
The financial industry faces stringent oversight pertaining to the collection, storage, and transmission of highly sensitive and confidential consumer data. The GLB and FTC illustrate the importance of the disposal of retired electronic assets by mandating all financial institutions follow specific protocols during asset disposal.
- All financial institutions need to assign a manager that supervises the disposal of all consumer data and records that the organization holds.
- Due diligence must be performed before selecting a third-party vendor (e-waste management and ITAD firm), and the vendor must be certified by an organization that is recognized within the industry.
- All consumer data on electronic equipment, storage devices, hard drives, computers, cell phones, and any other hardware must be erased before commencing the equipment disposal process.
At Tempus, we work with the supervising manager of financial institutions to ensure that all storage devices, hard drives, computers, cell phones, and other hardware that may hold consumer data have been erased before their disposal.
We maintain R2, ISO 9001, ISO 14004, and ISO 45001 certifications to ensure that every touch point of our process conforms to the licenses and certifications needed to stay compliant.
Contact us today to find out how Tempus can help your organization create a more sustainable tomorrow.