Although confidence in SSD security practices is high, monitoring of ITAD vendors/recyclers is a low priority.
Yet, only 16 percent factor in the vendor's ability to permanently remove all data and 13 percent prioritize certifications and recommendations from governing bodies and institutions into their decision-making process. 49 percent of organizations consider efficiency and cost to be the most important factors when selecting an IT asset disposition vendor.
Organizations prioritize efficiency and cost over data security when selecting IT asset disposition vendors/recyclers. Loss or theft of hard drives (8 percent) and employees leaking data for monetary gains/personal benefits (5 percent) were at the bottom of SSD security challenges for organizations. Despite recent data breaches, loss/theft of drives and employees leaking data for personal gain rank low on the list of SSD security challenges. 
47 percent of organizations store both personal information (from employees) and business data on SSDs
SSDs contain a myriad of sensitive personal and business information. Moreover, when IT assets containing SSDs hit their end-of-life and are ready to be disposed of, recycled or resold, over half (56 percent) of organizations either send them to IT asset disposition vendors/recyclers to erase the data or outsource the task to an IT security consultant. On top of this, 70 percent said they rely on encryption to prevent data loss/theft from SSDs and 35 percent reformat the drives. 
According to over 300 IT professionals surveyed in the United States, Canada, Mexico, United Kingdom, France, Germany, India, Japan and China, 62 percent of organizations believe encryption is sufficient to protect data from being accessed or breached.
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