UK Volume 23 Superbrands UK Vol. 23 Shred-it is one of the UK’s leading information security companies. It helps organisations maintain the security and integrity of private and confidential information through document shredding, hard drive destruction, recycling and workplace privacy policies. With more than 5,000 teammembers and operating a fleet of more than 2,000 trucks globally, the Shred-it focus is to protect what matters Market Shred-it is one of the world’s leading information security companies, providing nationwide coverage across the UK. Due to strict, sector-based data compliance standards and GDPR, there’s never been a more important time to protect the wealth of information that is processed and stored on a daily basis in businesses across the UK. The global pandemic has also accelerated a shift towards remote work environments and more businesses are offering permanent hybrid work options. In a recent Shred-it survey, data security concerns were highlighted with one in four (24%) of UK workers saying they don’t always follow workplace policies on destroying confidential information when working from home; and only one in three (34%) saying that they shred and recycle the paper they use when working outside the office. Awareness of the security risks associated with a data breach and the impact that confidential data getting into the wrong hands can have on reputation, reinforces the need to view sensitive data and related systems as critical infrastructure. Key drivers for this focus in the market are numerous but include an increased focus on detection and response capabilities as awareness of security risks and data breaches grows; privacy concerns and stricter regulation such as the EU’s GDPR around data loss prevention; and business digital transformation initiatives that reinforce the need to view sensitive data and related systems as critical infrastructure. Product Since its founding in 1988, Shred-it has become one of the world’s leading information destruction companies, with more than 5,000 team members and a fleet of more than 2,000 trucks – with all new vehicles in the UK meeting Ultra Low Emission Zone standards. As a wholly-owned subsidiary of Stericycle, a global business-to-business services company, Shred-it serves more than 500,000 customers around the world and in all major sectors including legal, healthcare, finance and banking, education, local and central government, retail, engineering, property and police forces. Shred-it’s fundamental brand proposition is focused on protection. It does this through its team of information protection experts whose goal is to help organisations comply with stringent privacy laws, legislation practices and procedures via certified state-of-the-art information security products and industry-compliant regulated services. The company’s tailored solutions and services help organisations that may be vulnerable to humanbased security risks, stringent data privacy laws and regulations. This includes secure document shredding and recycling; hard drive and speciality destruction e.g. branded goods and uniforms; and workplace policies. After paper has been securely shredded, it is mixed with millions of pieces of other shredded documents, baled and recycled into new products, helping to protect data and safeguard the planet. Achievements Shred-it is a registered waste carrier, a member of iSIGMA and recognised by the ICO. It holds ISO 9001 certification for quality management, ISO 14001 for environmental management, EN 15713, Fleet Operator Recognition Scheme accreditation and is certified by the British Security Industry Association. The average cost of a data breach is $4.35m* DID YOU KNOW? *Source: IBM Cost of Data Breach Report, 2022