AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

IAITAM Warns of Growing “Low-Tech Breach” Danger in Absence of Proper IT Asset Disposal Procedures

February 28, 2019

CANTON, Ohio--(BUSINESS WIRE)--Feb 28, 2019--As companies invest billions of dollars in increasingly expensive personnel and systems to frustrate breaches that originate inside and outside of their organizations, many are overlooking a more obvious fix: the institution of IT Asset Disposal (ITAD) process as part of a formal IT Asset Management (ITAM) program, according to a warning issued today by the International Association of IT Asset Managers (IAITAM).

The modern business world runs on a rapidly expanding pool of IT assets. At the same time, companies tend to look at some combination of employee errors, rogue employees, errant third party vendors, and outside hackers as the most likely sources of breaches. But the truth is that a company without a rigorous ITAD program runs the risk of a breach from a much simpler problem: a piece of hardware that was either not properly tracked to begin with or stops being tracked before its final disposition is confirmed.

IAITAM President and CEO Dr. Barbara Rembiesa said: “The whole idea behind ITAD is simple:If you buy a piece of hardware you need to track it and be aware of it from the moment you acquire it until its destruction or other handling is confirmed.If you can buy it, you can track it.A company can throw all the billions it wants at CIOs, cybersecurity divisions and the like, but if it does not have ITAM procedures in place, it is not secure. Absent or incomplete ITAD procedures are problems that grow each year as the business world’s reliance on technology grows.”

Countless examples exist of improper ITAD practices and the impact that they had on their organizations:

ITAD is defined as “the business built around disposing of obsolete or unwanted equipment in a safe and ecologically-responsible manner.” Best practices vary depending on organizational size, type of business, whether the assets are leased or owned, and other factors.

Recommended ITAD actions include:

ABOUT IAITAM

The International Association of Information Technology Asset Managers, Inc., is the professional association for individuals and organizations involved in any aspect of IT Asset Management, Software Asset Management (SAM), Hardware Asset Management, Mobile Asset Management, IT Asset Disposition and the lifecycle processes supporting IT Asset Management in organizations and industry across the globe. IAITAM certifications are the only IT Asset Management certifications that are recognized worldwide. For more information, visit www.iaitam.org, or the IAITAM mobile app on Google Play or the iTunes App Store.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190228005650/en/

Whitney Dunlap, (703) 229-1489 orwdunlap@hastingsgroup.com.

KEYWORD: UNITED STATES NORTH AMERICA OHIO

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE INTERNET SOFTWARE SECURITY PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: International Association of Information Technology Asset Managers, Inc.

Copyright Business Wire 2019.

PUB: 02/28/2019 11:00 AM/DISC: 02/28/2019 11:01 AM

http://www.businesswire.com/news/home/20190228005650/en

All contents © copyright 2019 The Associated Press. All rights reserved.