Banks and financial institutions store a wealth of customer data on their electronic devices and equipment. From customers’ banking information to social security information and more, comes the critical responsibility of safeguarding personal and financial information while also staying in compliance with the laws of Federal financial services such as the GLBA Act, FACTA, SOX, and more.
These rigorous regulations hold banks and financial institutions accountable for the data they hold and abiding by these rules is no easy feat. One of the ways banks and financial institutions maintain and keep their stored data safe is by regularly updating their security systems and electronics.
But what happens once a financial institute updates its electronic equipment and no longer needs its previously used devices? Chances are, the outdated equipment is collecting dust in a storage area due to still having proprietary information stored on them.
That’s when C&I Electronics comes in. We can remove the devices from your facility, erase or destroy the data left on your idle equipment, provide you with a certificate of destruction, and then sustainably recycle the electronics.