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Frequently Asked Questions

How much does a data breach cost?

According to IBM's 2024 Cost of a Data Breach Report, the average data breach costs $4.88 million globally and $9.36 million in healthcare. Costs include detection, notification, legal fees, regulatory fines, and lost business.

What are the penalties for improper IT asset disposal?

Penalties vary by regulation. HIPAA fines range from $100 to $50,000 per violation (up to $1.5M annually). PCI-DSS non-compliance can result in $5,000 to $100,000 monthly fines. Texas HB 4390 imposes fines up to $250,000 for improper e-waste handling.

How do I properly dispose of IT equipment with sensitive data?

Follow NIST 800-88 guidelines: use certified data destruction methods (degaussing, secure erasure, or physical destruction), obtain a Certificate of Destruction, and work with an R2-certified ITAD vendor like EverTrade Electronics.

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