In short
GLBA, PCI DSS, and SOX-aligned data destruction and disposition for banks and financial firms — NAID AAA, serialized reporting, examiner-ready, nationwide.
Prefer to read it?
Full transcript · Financial Services ITAD: GLBA, PCI, SOX
A retired laptop, desktop, or server still holds customer data, and deleting it isn't disposing of it. GLBA, PCI DSS, and SOX all reach retired data-bearing hardware — from branch laptops to data-center servers — and one mishandled drive can become a regulatory event.
Three frameworks apply directly. The GLBA FTC Safeguards Rule requires secure disposal of customer information, with NIST 800-88 Destroy-level as the FTC's benchmark and §314.4(f) requiring oversight of your disposal vendor. PCI DSS v4.0.1 Req 9.4.7 requires cardholder-data media be rendered unrecoverable when no longer needed. SOX §404 requires auditable controls over financial-reporting systems, including documented disposal of the hardware behind them. FACTA's Disposal Rule adds consumer-report obligations — so one retired drive can answer to multiple regulators.
There are two ways a retired drive leaves the building. Unmanaged disposal leaves data recoverable, loses the chain of custody at the dock, provides a generic receipt with no serial-level proof, and landfills functional devices. The CyberCrunch path renders media unrecoverable to NIST 800-88 Destroy-level, uses witnessed on-site or sealed-and-tracked transport, issues a serialized report for every device, and remarkets eligible endpoints to return value. One path is defensible; one isn't.
From branch laptop to data-center rack, CyberCrunch collects across HQ, branches, and remote employees under chain of custody, sanitizes or destroys to NIST 800-88, remarkets functional endpoints through value-share, and delivers a per-device record — make, model, serial, disposition, method, and date — that's examiner-ready for GLBA, PCI, and SOX. In an illustrative regional-bank example refreshing 8,000–12,000+ devices a year, data-bearing drives are destroyed while functional endpoints are remarketed, with recovered value commonly reaching six figures annually; data-bearing media is always destroyed, never resold.
Read next: the written companion for banks and credit unions — where the disposal duty lives, the vendor file an examiner expects, and the devices that hold account data — is ITAD Compliance for Banks and Credit Unions.
CyberCrunch Shorts · 2 × 30 seconds
ITAD for banks, credit unions and insurers
Old drives still hold account data, and every retired device is an audit question. CyberCrunch covers every branch, tracks each device by serial number, destroys the data on site or at its facility, and keeps records ready for every audit.
Read the 30-second script
Your old drives still hold account data. And every retired device is an audit question. Meet CyberCrunch, for financial services. We cover every branch. Track every device by serial number. Destroy the data on site or at our facility. And keep records ready for every audit. Certified to R2v3 and NAID AAA. Retire the devices. Keep the audit trail.
ITAD for law firms, accounting and insurance
Old devices can still hold privileged client information. CyberCrunch picks up from every office on your schedule, tracks each device by serial number, destroys the data on site or at its facility, and issues a certificate of destruction.
Read the 30-second script
Client files don't retire with the laptop. Old devices can still hold privileged information. Meet CyberCrunch, for professional services. We pick up from every office, on your schedule. Every device is tracked by serial number. Data is destroyed on site or at our facility. With a certificate of destruction for your records. Backed by $10 million in cyber insurance. Retire the devices. Protect your clients.
Disclaimer. Figures, projections, statistics, and examples shown in this video are for illustrative purposes only and do not constitute a guarantee or offer. Actual results vary based on factors specific to each engagement. Regulatory references (such as HIPAA, GLBA, PCI DSS, SOX, FERPA, NIST SP 800-88, and state EPR laws) are provided for general information and should be validated by your own legal, compliance, and procurement teams. Program terms, pricing, and service levels are governed by CyberCrunch Terms of Service, and our Privacy Policy applies. All rights reserved. Visit ccrcyber.com for more information.