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Shred-it

Shred-it is an information security solution provided by Stericycle Inc. Its services include document destruction, hard drive destruction, and specialty item shredding. The company is also known for its Annual Data Protection Report commissioned with Ipsos, a yearly survey of small business owners, C-level executives and consumers focusing on data protection and information security.[2][3][4][5][6]

History

Greg Brophy founded Shred-it in 1988 and incorporated the company in 1989. In 1993, Brophy expanded the business by launching a manufacturing division called Securit Manufacturing Solutions "SMS". Today, SMS manufactures security consoles and specialty shredding trucks for all Shred-it's branches. It also sells industrial shredding equipment to other secure information destruction businesses.[7]

In 2014, Shred-it merged with Cintas Document Shredding, which now operates under the Shred-it name.[8][9][10]

In 2015, Stericycle acquired Shred-it and began positioning the company as one of its many waste management and compliance services.

Secure Information Destruction Services

Document Destruction

Shred-it offers document destruction services where paper documents are shredded using industrial paper shredders. This service is offered on a one-time or on a recurring basis.[11]

Shred-it maintains a fleet of trucks that can provide this service on-site or deliver materials to Shred-it's facilities for destruction. The trucks are prominently featured at Community Shred-it events, where Shred-it partners with organizations like Crime Stoppers, to raise awareness about identity theft and fraud, while providing a safe way to dispose of documents with confidential information. Shred-it provides a custom quote for every document destruction job and ensures all paper waste is recycled.[12][13]

Hard Drive, Digital Media, and Specialty Item Destruction

Shred-it provides secure information destruction for hard drives and digital media. Deliberately damaging these devices is the only way to ensure confidential information can no longer be retrieved.[14] Shred-it has two methods for securely destroying digital information. Shearing slices hard drives into minuscule pieces using 40,000 lbs of combined force while crushing uses 7,500 lbs of force pressure to drill irreparable holes in the hard drive, so information can never be recovered.[15]

The company also offers specialty item shredding, which involves destruction of any item that poses a threat to a business’ reputation or security. Shred-it's specialty item services dispose of items, like uniforms to casino chips, ID badges, prototypes, pill bottles, or material with outdated branding.[16]

References

  1. Stericycle moving headquarters to Bannockburn Crain's Chicago Business, 2 October 2018^
  2. Jayson Blair. Making Sure There's No Paper Trail The New York Times, 11 June 2000^
  3. Carmen Reinicke. The biggest cybersecurity risk to US businesses is employee negligence, study says CNBC, 2018-06-21, retrieved 2020-01-14^
  4. Justin Dallaire. Execs still underestimate impact of data breaches strategy, 2019-06-18, retrieved 2020-01-14^
  5. Maria Catricala. Shred-It Data Protection Report Shows Big Gap Between Canadian Businesses and Consumers When it Comes to Information Security www.uzado.com, retrieved 2020-01-14^
  6. Having peace of mind on data security goes beyond emptying your recycle bin sg.news.yahoo.com, 31 October 2019, retrieved 2020-01-14^
  7. Securit Mfg Solutions, A DIV.OF SHRED-IT CANADA CORP INC. 5075 NORTH SERVICE RD BURLINGTON ONTARIO L7L 5H6 panjiva.com^
  8. Cintas Corporation Announces Agreement with Shred-it International Inc. to Combine Document Shredding Businesses Yahoo Finance, March 19, 2014^
  9. Lance Lambert. Cintas 3Q earnings up 13.2% Cincinnati.com, retrieved 2020-01-14^
  10. Stericycle Completes Shred-it Acquisition from Cintas www.nasdaq.com, retrieved 2020-01-14^
  11. 7 Facts About Document Shredding You Need to Know www.securitymagazine.com, retrieved 2020-01-14^
  12. Shred-It mobile trucks at Oakville Place this Saturday InsideHalton.com, 2012-05-09, retrieved 2020-01-14^
  13. Shredding a necessary evil for companies to avoid data theft gulfnews.com, 9 August 2014, retrieved 2020-01-14^
  14. Joel Levy. Global information security firm, Shred-it, began as a startup in Oakville Toronto Guardian, 2018-08-27, retrieved 2020-01-14^
  15. Hard Drive Destruction Service^
  16. Industrial & Clothing Shredding Services 29 September 2023^