What’s the True Cost of a Data Breach?

Did you hear about the most recent data leaks?  

This incident followed closely on the heels of a reported breach of Andrew Tate’s platform, The Real World. As detailed by Forbes, over 800,000 records were compromised, putting both the platform and its users at risk. 

And it’s not just the UK making headlines. In France, hackers claimed to have breached over 750,000 medical records, exposing sensitive patient data. These breaches highlight the global scale of the issue, affecting sectors as varied as criminal justice, online platforms, and healthcare. 

While high-profile breaches dominate the news, small businesses are not immune. A report from the Identity Theft Resource Center (ITRC) revealed that in the past year, 81% of US small enterprises—defined as having fewer than 500 workers—experienced a data or security breach, up from 73% the previous year. 

The Cyber Security Breach 2024 report, released by the UK government in April, further confirms the financial toll. It estimates that medium and large businesses lose approximately £10,830 annually because of breaches. These figures underscore that cyberattacks are no longer rare, isolated incidents; they are a growing reality for organisations of all sizes.  

As cyber security and digital asset management become a top priority – it’s important to understand the risks that could face you and your company. S2S Group specialises in handling the most sensitive data, having worked with national banks, healthcare providers, gaming corporations and government departments. Many of these companies are looking for reassurance that no one will be able to retrieve personal data such as bank accounts, financial information, personal images, passwords or old emails. 

For businesses, the question isn’t if they’ll face a cyber threat but when. That’s why robust digital asset management and cybersecurity strategies are no longer optional—they’re essential. 

S2S Group covers services from asset lifecycle management, data destruction, sanitisation, recycling, remarketing and complete disposal. On-site data destruction and disposal are available – meaning we come to you, giving you a full end-to-end and secure service. This gives you peace of mind from the threat of a data breach when disposing of your electronics. 

To begin with, S2S Group will conduct a DIAL rating survey, allowing us to understand the exact type of security level you need. Companies will often assume they need the highest possible security level – which ends up being more expensive and less cost-effective on a small amount of e-waste. As cybercrime is always a factor, we can offer a combination of services to ensure you’re protected. 

With this DIAL Rating Tool, S2S Group can offer a bespoke service, including access to our online portal Trakk-It so you have full transparency over your records. 

S2S Group has been in the business for over 30 years, working with small to large businesses all over the UK. We know how important your data and your assets are – and work with you to ensure a smooth and reliable service. 

We’re not just a service provider—we’re your partner in safeguarding what matters most. With S2S Group, you can focus on growing your business while we handle the risks. 

Asset Lifecycle Management refers to the recovery of value from corporate IT assets with S2S Group’s Asset Lifecycle Management services. Providing a circular, cost-effective solution for end-of-life tech. 

Secure remarketing and reuse services not only help your business save costs on IT hardware but also ensure compliance with environmental and legal regulations. 

Data Destruction and Sanitisation are services offered by S2S Group that mitigate the risk posed to IT assets through data breaches. When it’s time to dispose of redundant data-bearing media, always opt for a Secure Data Erasure or Destruction process. 

S2S Group eliminates reputational risks through its HMG IA Standard No.5 compliant data erasure, degaussing and physical shredding solutions, providing essential documents for your next audit. 

Recycling and Disposal S2S Group uses the waste hierarchy model, promoting reuse before recycling – saving money by reusing current assets where possible and keeping items out of landfills. S2S Group recycles at a rate of 99.56%, achieved throughout Q1 of 2024. Where S2S Group recycles, the rate achieved is now over 99%, following a zero-waste, direct-to-landfill target. 

Data Centre Services: Whether you are looking for certified audit trails, or require expert migration services, S2S Group can handle and protect data centre assets with the utmost care. 

Technical Services: S2S Group has a full range of these services on offer including the imaging & deployment for desktops, laptops, tablets and servers. 

The cost of data breaches goes beyond financial losses – they can erode trust, tarnish reputations, and disrupt entire industries. But with the right partner, you can mitigate these risks and turn vulnerabilities into strengths. 

With your company’s electronic assets, don’t take chances. Choose S2S Group for expert solutions, unparalleled service, and peace of mind. 

Your data deserves nothing less.