The four "S's" that underpin ITAD strategy: Security, Sustainability, Scale, and Savings

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IT asset disposition (ITAD) is an important piece of data security risk management-and it is something that organizations often overlook.

March 14, 202312 minsUnlock All Premium Resources

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The Four “S’s” that Underpin ITAD Strategy: Security, Sustainability, Scale, and Savings

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Data breaches are increasing and the costs associated with data breach increased 13% from 2020 to 2022, according to IBM. In 2022, data breaches cost an average of $4.35 million globally ($9.9 million in the US) – but beyond the financial impact, the reputation and integrity of these organizations was jeopardized.

It is time to envision things differently. IT asset disposition (ITAD) is an important piece of data security risk management, which organizations often overlook. Despite the risks associated with hardware disposition, a new survey from Foundry reveals that many companies are neglecting proper security precautions. More than 40% of companies surveyed still do not yet have a formal ITAD strategy in place.

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Rather than thinking about ITAD until an adverse event occurs, organizations must start recognizing ITAD as a strategic practice to ensure data security, support sustainability, enable scale, and save money.

In this report, we will look at the four S’s of ITAD—Security, Sustainability, Scale, and Savings—and explore the challenges and opportunities for organizations they present.