When was the last time you went shopping and used your card? How about the last time you used cash instead of a card?
Actually, the chances are high that you use your card at a higher frequency than cash. Perhaps, you own a business in the retail sector.
Hence, you are also aware that most people do the same. In addition to our purchasing habits, retail as a whole has also evolved.
In fact, there’s still personal information exchanged. It offers a personalized shopping experience. This applies both in stores and online.
Data Destruction is Necessary in The Retail Sector
These days, personal information isn’t only found in medical offices. In reality, it’s available during our most run-of-the-mill activities.
This includes grocery shopping and ordering cat litter on Amazon. Also, it pertains to things like picking up a prescription, and/or connecting to WiFi at the mall.
Many companies keep credit or debit card information on file. In doing so, they acquire things like physical addresses. Often, they also retain full names, passwords and email addresses.
Plus, some have a running tab of your purchases or browsing. This is in order to personalize your shopping experience. Further, connecting to a store’s WiFi with a smartphone is standard these days.
However, this enables them to collect more customer data. Thus, these reasons are why cyber attacks and identity theft concerns run high in the retail sector.
Also, they clarify why it’s important that retailers take data and document destruction seriously.
Data Destruction is Ignored in The Retail Sector
In reality, there’s a level of ignorance regarding cybersecurity in the retail sector. There was a study in 2016 by NASDAQ and Tanium.
It found that 90% of executives in retail don’t understand cybersecurity. Also, they believe protecting customer information doesn’t fall under their duties as retail providers.
This means many companies working in retail don’t partake in data security. This includes professional document shredding.
Actually, they’re putting their customers in danger. Plus, their businesses are in danger as well.
Training is Crucial
Training employees and executives in the retail sector about how to properly dispose of data is important. Thus, be sure to utilize various data security measures.
In doing so, it helps protect company and consumer information. Of course, documents or pieces of equipment need proper and legal destruction.
Thus, it’s best to hire a professional mobile document shredding company. Consider the Florida document shredding company, ShredQuick.
After all, businesses in the retail sector continue to implement new, evolving technologies. Consequently, data security becomes more important.
Therefore, it’s necessary that retail business owners do their part. They need to ensure they’re up to date on the ins and outs of data destruction.