More than ever, organizations of all sizes in the public and private sectors are rethinking their IT asset disposition (ITAD) strategy, putting equipment reuse first whenever possible over asset destruction and recycling.

In one of the most advanced financial services privacy breaches ever to occur in Australia, its largest bank lost control of 10 years’ worth of customers’ financial information when a subcontractor lost several tape drives containing banking statements from 2004 through 2014.