August 19, 2025

What Data Do you Have? Knowing When and What to Shred is Vital to Help Protect your Company Against a Data Breach

The potential financial and reputational damage caused by a data breach can be significant. In fact, the average cost of a data breach rose to nearly $4.9 million USD in 2024, up 11% from 2023, according to IBM’s annual Cost of a Data Breach report. To help protect against these costly risks, businesses should have a comprehensive data protection plan that prioritizes both digital and physical information security risks. Shred-it® shares some tips on how you can start protecting your business data.

Implement a Data Management Program

The “basics” of an organization’s data management program form the foundation of effective information practices. Business leaders should begin by meeting with their data protection officer and any other relevant employees to answer some key questions about their companies’ information management procedures, including:

Identify Areas of Risk

Conduct an information security risk assessment and a walk-through of administrative areas, including the front desk. Look for vulnerable areas such as printing stations, messy desks, and exposed trash and recycling bins. Flag these vulnerabilities and develop policies that can help to reduce the risk of a data breach.

Adopt Data Security Policies

Create and reinforce effective policies, including:

Reinforce Policies through Reminders and Rewards

To help get buy-in from employees, place posters in the workspace reminding employees of the new policies in place to protect confidential information. Business owners may also consider driving employee engagement initiatives to encourage employees and incentivize good behavior through rewards such as team member recognition.

Develop and Follow Retention Schedules

Various types of documents and data have recommended retention periods, depending on their importance and content. Follow legal and regulatory guidelines to know how long to keep each type of file. Keeping up with these schedules reduces clutter and helps safeguard your information.

Determine What to Shred

Ask yourself the following questions. If you answer YES to any of these, and it is not required to be retained per the document retention schedule, then SHRED the document.

This applies to:

Why Choose Physical Data Destruction?

Shredding documents is an essential step to keep confidential information safe. Unlike basic home shredders that strip documents into pieces that can sometimes be reassembled, our cross-cut shredders turn paper into tiny, confetti-like pieces—making reconstruction impossible. Shred-it® offers flexible, reliable data destruction services designed to meet your specific needs.

Download our info sheet for a more detailed list of what documents should be shredded. Contact Shred-it® today to learn more about how we can help keep your business’ physical data secure.

*Contact Shred-it® for service availability.

This article is for general information purposes only and should not be construed as legal advice on any specific facts or circumstances.