Addressing Gramm-Leach-Blieley during technology disposal
Organizations that offer personal financial products and services, such as loans, investment advice or insurance, have duties to protect personal information that may be contained on technological devices. The Gramm-Leach-Bliley Act stipulates under the Safeguard Rule that data should be protected throughout its lifecycle. Destruction of the data, often through device disposal, is included under the rule.
Auditing a technology asset disposition vendor can be arduous. To help our customers standardize on best practices, Cascade holds NAID AAA certification, the leading data destruction standard within the information technology asset disposition (ITAD) industry. The certification establishes protocols to manage hardware chain of custody and prove efficacy in data destruction. Additionally, NAID continuously monitors changes in data security regulations and adapts its requirements to meet “best practice” standards across all major data privacy legislation.