As data trends could have predicted, 2019 was not a great year for data security. In fact, it has been deemed the worst. Recent studies claim there is a new identity theft victim every two seconds in the United States alone. Globally the average cost of a data breach rose 12 percent over the past five years, to be $3.92 million in 2019. Data breach incidents are occurring more regularly and are costing companies more.
2019 was also a year with much focus on the circular economy. The circular economy has become a critical part of conversations regarding future legislations, in new manufacturing, and of course in the disposal industry. With more focus on collaboration and standardization, commitment to more sustainable practices is increasing.
Regarding SRS specifically, in early 2019 Sims Metal Management’s CEO Alistair Field shared the company’s purpose, which is to “create a world without waste to preserve the planet”. The purpose serves as the focus for what the company plans to achieve. SRS’ goals will be to increase e-recycling services and become the leading e-recycler of data centers.
SRS is embracing these trends regarding data security and circular economy through infrastructure and operational investments. These have helped SRS sites across the globe to accomplish a great deal in 2019. Here are some highlights:
- SRS Ballito, South Africa supported WeCare through a resourceful donation program of computers, printers and servers.
- SRS Tampa, United States moved to a new location for better operational space and more efficient operations.
- SRS Noida, India earned ISO 27001 certification.
- SRS Eindhoven, Netherlands launched a circular trade-in program for e-waste management with SURFsara.
The SRS blog has continued to grow as a valued resource for distributing information regarding the company and the industry in general. Please find the following five top blog posts that were published during the 2019 calendar year.
If batteries are handled incorrectly, there is a higher risk of fire, pollution and other negative effects. Here is a brief list of what you should and should not do with electronic devices that contain lithium-ion batteries.
China’s ban on the flow of materials created significant challenges throughout the supply chain of scrap for residents, solid waste departments, material recovery facilities (MRFs), processors, end users, etc. This blog reviews the background and impacts of these changes.
On July 15, 2019, Arrow Electronics announced they were exiting the IT asset disposition (ITAD) market with this announcement. SRS stands ready to help you take the next step in selecting a new ITAD vendor.
The Trees for All foundation is a Netherland’s-based company focused on preventing further deforestation of our earth and assisting businesses in compensating their carbon emissions. With a corporate mission to preserve our planet, it was a natural fit for SRS to get involved.
A company’s IT asset disposition (ITAD) plan must consider protection against various types of threats, as well as compliance with existing regulations. It is important to be familiar with all local and regional regulations, and there are some that may affect you no matter your location. Here you will find a list of some regulations affecting global IT asset disposition today.
In 2020, SRS will continue to provide resourceful solutions to manage different streams for retired electronic equipment, components and metals. We look forward to updating you on these efforts and delivering other insightful commentary throughout the year.