IT asset disposal has become increasingly important these days, and rightfully so.
Besides ensuring environment stability, proper disposal of IT assets will also help the businesses grow.
If proper disposal methods are not in place, it could negatively affect the business.
These days, there are serious concerns regarding e-waste (perilous electronic waste like cadmium, mercury, lead etc) dumping in third world nations.
Therefore, there are stiffer penalties imposed on organizations, which do not abide by proper disposal methods.
The companies dealing with data security greatly focus on issues like, how to minimize e-waste, and on re-using or recycling old equipment.
Hard drives contain confidential data, which can be misused if they reach the wrong hands.
Hence, it is vital to secure financial data, SSNs, medical records, trade secrets, and addresses.
The data security companies must comply with various laws such as Gramm-Leech-Bliley, Sarbanes Oxley, HIPPA and others, in order to instill confidence in the clients.
Things involved in the IT asset Disposal

• Destroying Data on Hard Drive
• Administrative Costs (accounting, forms, inventory)
• Risk involved (for example - Where the equipment will end up)
• Packing and shipping
• Equipment storage until it is picked up
• Processing payments
• Technical Support
• Preparing Transfer Documents

Apart from the expenses incurred on things that are mentioned above, stored IT equipment lose about 6%-10% of their worth every month.
What are Proper techniques for IT Asset Clearance? One of the options that organizations must be doubtful about, is the free recycling programs.
The free programs may compromise on the best interests of your company.
It has been found that via these free recycling programs, the equipment is shipped overseas, EPA laws are bypassed, security of data and information is compromised, and the return on investment is minimal for the company.
It is important for the companies to review the disposal policies every year with the recycling company, so that they are aware about the new financial and legal risks.
The ITAD (IT asset disposition) companies have expertise in converting the outdated IT products into profitable and functional technology.
Mentioned below are some of the crucial facts about disposition of IT assets.

• Maximizes returned investment from the outdated electronics
• It protects your company
• You can dispose of e-waste safely
• Makes our world safe, clean, and a better place to live in

While opting for a professional company for IT asset discarding, make sure that they have SAN, NAD, and Array destruction capabilities, to handle huge volumes of hard drives at a time.
As there are several things involved in the process of IT asset discarding, it is vital to understand all the variables for proper disposal.