Confidential Waste in SM2

Confidential waste is any document or device that contains personal data about customers, suppliers, employees and it also includes data that, if read by a competitor or the general public, could put your business at risk including:
- Financial data
- Business Plans
- Intellectual Property (for example copyrights and trade secrets.)
- Branding and marketing strategies

with 5 companies offering document destruction services within 7.79 square kilometres in SM2 this means the cost of document destruction is kept relatively low due to competition which will always cause prices to be competitive. With over 105 active business and approximately 27,688 people in SM2 secure confidential destruction services are in demand.

This means that 105 business in SM2 have a need for proper confidential waste disposal, but not every SM2 business understands just how important this is. Confidential waste disposal is a carefully managed process under the Data Protection Act and directors and employees of SM2 businesses have a legal obligation to properly dispose of the confidential information of its company whether of customers, employees, and suppliers. Failing to comply with these obligations can result in a fine of up to £500,000 or even the imprisonment of the responsible body. The aim of the Data Protection Act is to keep people safe from fraudsters and hackers.

Any waste that you would consider a security risk if it were to go missing or end up in the wrong hands is considered confidential waste. Essentially anything that you want to discard that contains private data/information is confidential this is the case whether it is on paper or on within electronic equipment.

This includes:

- Bank statements
- Contracts
- Tax documents
- Hard drives
- Tapes & CD’s
- Servers
- Sales collateral
- Marketing material
- Office plans and internal manuals
- Any other documents that contains personal, company, employee, client or supplier data/information

Confidential waste disposals must be done professionally and by professional waste companies

SM2 is part of London, which is the financial capital of the world. It has approximately 105 active businesses who are all potentially a target for people who may attempt to criminally infiltrate businesses' security to steal money. This is why it is even more of a high priority for businesses in SM2 to reduce the risk of anything dodgy happening by taking security and risk seriously.

Confidential waste disposals by professional companies ensures your security through mitigating risk as much as possible.