2021 broke all records for data breaches across the globe. From adult sites to Stripchat to corporate platforms like LinkedIn, no one is spared when it comes to breaches.
Now, as a company, you want to instill faith in your clients and let them know that you’re doing all you can to ensure that their data is safe and protected. How do you do that? Well, data erasure is the answer.
This article explores the importance of data erasure for your business, both in the legal context as well as a smart business move.
Let’s get started!
Data Erasure as a Legal Requirement
While not all enterprises are legally obligated to delete their clients’ data, some companies certainly are. Failure to delete such data could result in punitive action against your company.
Data erasure or data deletion must be executed properly and as per guidelines to avoid fines.
Safety and Security
Data erasure and data deletion reduce your risk of exposure to data breaches. Make sure to use an efficient, effective and certified data erasure software or hire a company qualified to do it for you.
Your data is under constant threat from hackers, corporate espionage, and malicious users who either want to sell it to other people or use it for their own personal gain. In most cases, your clients’ personal data will be sold to marketing companies or worse.
Saving on Costs
No matter what company or business you’re running, profits are definitely a priority. You want to save as much as you can on unnecessary expenses and boost that revenue.
The data you store uses valuable space that probably costs you more than you care to pay. This is especially true for information you don’t even need anymore. Deleting and erasing your data regularly ensures that you maximize the use of your hard drives and cloud storage as well as avoid any potential fines due to breaches of data or non-conformity with legal requirements.
Reputation Protection
Malicious users can use your data to give your company a bad name and violate your clients’ trust in you. When customer data is the foundation for your business, you owe it to them to be extra careful with the way you manage their data.
Your clients require peace of mind in knowing that their data is safe with you in order to be able to trust you to provide them with products or services.
Data and Business Protection Go Hand in Hand
Data erasure and data protection are key elements to keeping your company and business afloat in the age of the internet. Not only are companies sometimes legally obligated to erase data, but it is also an essential part of ensuring data protection.
Did you like this article? Be sure to check out the rest of our content by checking out the rest of our blog. We give you the latest insights into the world of tech, law, and more!