Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > STUDY SHOWS RECYCLED COMPUTERS GIVE AWAY OUR MOST PERSONAL INFORMATION
    Business

    STUDY SHOWS RECYCLED COMPUTERS GIVE AWAY OUR MOST PERSONAL INFORMATION

    Published by Gbaf News

    Posted on February 21, 2014

    9 min read

    Last updated: January 22, 2026

    The image illustrates Allianz's recent decision to abandon its proposed acquisition of Income Insurance in Singapore due to public opposition. This significant move impacts the insurance landscape and reflects concerns over affordable insurance for lower-income groups.
    Allianz's acquisition deal in Singapore faces public opposition - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    A two-month Australian study commissioned by the National Association for Information Destruction (NAID), a global, non-profit, data protection watchdog agency, has found significant amounts of personal information left on recycled computers. For the organisations recycling their drives, this is a data breach problem. For individuals, some of their most private information is at risk.

    Study Shows Recycled Computers Give Away Our Most Personal Information

    Study Shows Recycled Computers Give Away Our Most Personal Information

    The results are even more alarming given the new Privacy Act reforms that will be effective on 12 March 2014, requiring organisations to up the ante with respect to managing and safeguarding people’s personal information. The study showed that 15 of 52 hard drives randomly purchased, approximately 30 percent, contained highly confidential personal information. And, while seven of the 15 devices had been recycled by individuals, eight had been recycled by organisations, including law firms operating in Victoria and Queensland, a government medical facility, and a community centre. All of these firms have a legal obligation to protect the public’s information.

    “The study is rather simple,” said NAID CEO Bob Johnson. “We randomly purchased

    52 recycled computer hard drives from a range of publicly available sources, such as eBay. We then asked a highly reputable forensic investigator, Insight Intelligence Pty Ltd, to determine whether confidential information was on those drives. The procedure used to find the information is intentionally very basic and did not require an unusually high degree of technical heroics. Had the data been properly erased, it could not have been found.”

    Information on the hard drives included spreadsheets of clients’ and account holders’ personal information, including names, addresses, account numbers, confidential client correspondence, billing information, and personal medical information such as diagnoses, treatment, and prognoses. Where the computer hard drives had been previously owned by an individual they more often contained their most confidential personal details, including images of a highly personal nature and account information.

    Specific examples included, one drive containing detailed legal case records of a difficult family dispute, another with an entire email box with numerous  emails and attachments relating to the inner most workings of a medical facility as well as one with signed documents granting access to business and personal mail from a Justice of the Peace.

    “While it might be tempting to dismiss these results given the sample size,” said Johnson. “It is actually very disturbing. When you consider that the Australian Bureau of Statistics most recent estimates put the number of computers retired annually at over 15 million, the likely amount of private data put at risk in this manner is staggering. People from anywhere in the world can buy these drives online, and you can be sure the ‘bad guys’ amongst them know how to use the information for evil. With the viral nature of social media, one can only imagine what could happen if someone decided to share any highly personal images and videos they have found on these drives.”

    Another troubling finding was that often, where personal information was found, there were telltale indications that someone had attempted to remove the information but failed to effectively do so. Mario Bekes, Insight Intelligence’s managing director, said proper removal of data from computer hard drives requires more than just pressing the delete button.

    “Even if they try to do it properly, private individuals and businesses take a big risk by attempting to erase hard drives themselves,” said Bekes. “It is not really a do-it- yourself project.” Bekes also encourages consumers and businesses to be careful when selecting a recycling service.

    “It’s a noble idea to recycle a computer, tablet or smartphone,” said Bekes. “But it’s important to know the recycling company has the proper technical expertise and takes data destruction seriously. Unfortunately, many recyclers treat data removal rather casually.”

    NAID is no stranger to such investigations. One year ago it made headlines in Australia when another commissioned study found banks and doctors’ offices were frequently discarding confidential records into commercial rubbish bins. The organisation has also commissioned similar research in the United States, Canada, and Europe over the years.

    “The effective disposal of confidential information is an issue that is easily overlooked,” said Johnson. “We consider it a public service to remind policymakers and consumers of this ongoing vulnerability. Unfortunately, those who capitalise on easy access to this information are already aware of it.”

    NAID has offered to provide a detailed report of the results, as well as the hard drives themselves, to the Office of the Australian Information Commissioner (OAIC) to facilitate an official regulatory inquiry. Should the OAIC decline, the Association will ensure the hard drives are securely destroyed to protect those put at risk.

    About NAID-ANZ:  NAID-ANZ is a chapter of the National Association for Information Destruction (NAID), the non-profit trade association of the secure destruction industry, currently representing more than 1,900 member locations globally. NAID-ANZ’s mission is to promote the proper destruction of discarded information through education and to encourage the outsourcing of destruction needs to qualified contractors, including those that are NAID certified.

    A two-month Australian study commissioned by the National Association for Information Destruction (NAID), a global, non-profit, data protection watchdog agency, has found significant amounts of personal information left on recycled computers. For the organisations recycling their drives, this is a data breach problem. For individuals, some of their most private information is at risk.

    Study Shows Recycled Computers Give Away Our Most Personal Information

    Study Shows Recycled Computers Give Away Our Most Personal Information

    The results are even more alarming given the new Privacy Act reforms that will be effective on 12 March 2014, requiring organisations to up the ante with respect to managing and safeguarding people’s personal information. The study showed that 15 of 52 hard drives randomly purchased, approximately 30 percent, contained highly confidential personal information. And, while seven of the 15 devices had been recycled by individuals, eight had been recycled by organisations, including law firms operating in Victoria and Queensland, a government medical facility, and a community centre. All of these firms have a legal obligation to protect the public’s information.

    “The study is rather simple,” said NAID CEO Bob Johnson. “We randomly purchased

    52 recycled computer hard drives from a range of publicly available sources, such as eBay. We then asked a highly reputable forensic investigator, Insight Intelligence Pty Ltd, to determine whether confidential information was on those drives. The procedure used to find the information is intentionally very basic and did not require an unusually high degree of technical heroics. Had the data been properly erased, it could not have been found.”

    Information on the hard drives included spreadsheets of clients’ and account holders’ personal information, including names, addresses, account numbers, confidential client correspondence, billing information, and personal medical information such as diagnoses, treatment, and prognoses. Where the computer hard drives had been previously owned by an individual they more often contained their most confidential personal details, including images of a highly personal nature and account information.

    Specific examples included, one drive containing detailed legal case records of a difficult family dispute, another with an entire email box with numerous  emails and attachments relating to the inner most workings of a medical facility as well as one with signed documents granting access to business and personal mail from a Justice of the Peace.

    “While it might be tempting to dismiss these results given the sample size,” said Johnson. “It is actually very disturbing. When you consider that the Australian Bureau of Statistics most recent estimates put the number of computers retired annually at over 15 million, the likely amount of private data put at risk in this manner is staggering. People from anywhere in the world can buy these drives online, and you can be sure the ‘bad guys’ amongst them know how to use the information for evil. With the viral nature of social media, one can only imagine what could happen if someone decided to share any highly personal images and videos they have found on these drives.”

    Another troubling finding was that often, where personal information was found, there were telltale indications that someone had attempted to remove the information but failed to effectively do so. Mario Bekes, Insight Intelligence’s managing director, said proper removal of data from computer hard drives requires more than just pressing the delete button.

    “Even if they try to do it properly, private individuals and businesses take a big risk by attempting to erase hard drives themselves,” said Bekes. “It is not really a do-it- yourself project.” Bekes also encourages consumers and businesses to be careful when selecting a recycling service.

    “It’s a noble idea to recycle a computer, tablet or smartphone,” said Bekes. “But it’s important to know the recycling company has the proper technical expertise and takes data destruction seriously. Unfortunately, many recyclers treat data removal rather casually.”

    NAID is no stranger to such investigations. One year ago it made headlines in Australia when another commissioned study found banks and doctors’ offices were frequently discarding confidential records into commercial rubbish bins. The organisation has also commissioned similar research in the United States, Canada, and Europe over the years.

    “The effective disposal of confidential information is an issue that is easily overlooked,” said Johnson. “We consider it a public service to remind policymakers and consumers of this ongoing vulnerability. Unfortunately, those who capitalise on easy access to this information are already aware of it.”

    NAID has offered to provide a detailed report of the results, as well as the hard drives themselves, to the Office of the Australian Information Commissioner (OAIC) to facilitate an official regulatory inquiry. Should the OAIC decline, the Association will ensure the hard drives are securely destroyed to protect those put at risk.

    About NAID-ANZ:  NAID-ANZ is a chapter of the National Association for Information Destruction (NAID), the non-profit trade association of the secure destruction industry, currently representing more than 1,900 member locations globally. NAID-ANZ’s mission is to promote the proper destruction of discarded information through education and to encourage the outsourcing of destruction needs to qualified contractors, including those that are NAID certified.

    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts
    Previous Business PostNEW RESEARCH REVEALS MAJOR MYTHS IN THE TELEWORK DEBATE AND A GROWING STRUGGLE IN OPEN OFFICES
    Next Business PostBUSINESS LEADERS ACROSS AMERICA ARE CHANGING THE GAME WHILE OTHERS ONLY PLAY