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Some companies think that do-it-yourself, in-house shredding is an inexpensive way to deal with documents that are no longer needed. In reality, there really is no such thing as ‘free’ shredding.
When a company’s own employees are tasked with shredding documents, the risk of data breaches will increase and workplace productivity will also suffer.
Here are a few things to consider before considering do-it-yourself shredding.
Additionally, inexpensive in-house shredders are usually strip shredders that produce strips that can be reconstructed. A 2018 Ponemon Report showed that the average cost of a data breach globally is $3.86 million, a 6.4% increase from the 2017 figure. U.S. companies experienced the highest average cost of a breach at $7.91 million.4
1. The Hidden Costs of Do-It-Yourself Shredding Fact Sheet, Shred-it
2. Stats and Facts About Work Stress to Consider in 2018, Meditation at Work.com
3. The State of Workplace Productivity Research, 2014, Cornerstone of Demand
4. 2018 Cost of a Data Breach Study, Ponemon
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