The government recently confirmed that serious Data Protection Act breaches will be subject to fines of up to £500,000.
This policy took effect from 6 April 2010

 

Business Risks

If you’re still wondering about the benefits of working with ecoshred and using us for your document and data destruction requirements, you might just want to bear in mind some of these facts.

  • The Association of Chief Police Officers advised that £20 billion is lost through weaknesses exploited in corporate information security
  • 70% of UK organisations have been hit by at least 1 data breach
  • In July 2009, the Financial Services Authority levied a record fine of £3.2 million on a high street bank after they lost sensitive information… twice
  • Companies House recently reported up to 100 cases of corporate identity fraud occur every month
  • 79% of businesses make no effort to destroy the sensitive material that they throw away or are preparing to recycle
  • 32% of employees discard confidential information into their waste paper bins
  • 40% of businesses risk their clients identities by throwing away sensitive customer information without due care – including home addresses, phone numbers and passport copies.
  • In a survey of British workers, 58% would take confidential data to help negotiate a new job
  • And 48% have already started to do so…