Financial

2:53 pm Paul Falcone

Keep Financial Records Compliant and Safe

Financial Paper Circles

Paper Records and Forms

When working within financial industries, it’s critical to properly dispose of any paper records used by employees and clients that have sensitive or Personally Identifiable Information (PII). SEM offers a variety of paper shredders and disintegrators that are compliant with both the Federal Trade Commission (FTC) and Sarbanes Oxley (SOX).

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Electronic Data and PII

Electronic data housed on HDDs, SSDs, and a wide variety of other electronic media can cause catastrophic damage in the event of a breach. SEM offers a variety of high security solutions that are capable of destroying any media, ensuring FTC, SOX, and any other required compliance.

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Currency

As currency ages, it is regularly taken out of circulation and replaced. SEM disintegrator systems — like those used and trusted in the U.S Treasury, Federal Reserve, and other global financial institutions — efficiently and securely destroy currency in bulk to a consistent particle size as small as 2mm².

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Need Compliance Help?

Want to learn more about finance compliance? Check out a blog from our experts breaking down everything you need to know.

A History of Trust

Learn how SEM has adapted to ever-evolving data destruction needs and remained the trusted global and industry partner throughout the last 50 years.

Scalable Solutions

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Need a paper shredder for PII on financial forms or a centralized destruction solution for drives with data or end-of-life currency? SEM has you covered. With in-house engineering, a global service team, and unparalleled customer support, a SEM solution includes much more than a data destruction machine: it includes the service, support, quality, and efficiency that the federal government has come to rely on for over 50 years.

Insights

See what our experts are saying about data destruction in the finance industry.

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What Documents Should You Shred After Filing Your Taxes?

With the announcement by the Army that they will stop putting social security numbers on dog tags, the question comes up – how can we get rid of the older ones that have SSNs on them?

Records Retention Schedules: When Will Your Data Expire?

In the growing age of Big Media, it is imperative now more than ever that companies and organizations develop and maintain a Records Retention Policy, … Continue reading Records Retention Schedules: When Will Your Data Expire?

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How to Destroy Tipping Foil, RFID and EMV Chips, and Magnetic Stripes in Credit Cards

Tipping foil is used to enhance and secure financial institutions’ cards. The metallic ribbon is fixed on the card's embossed characters, helping to bring out … Continue reading How to Destroy Tipping Foil, RFID and EMV Chips, and Magnetic Stripes in Credit Cards

financial-data

Credit Cards & Identity Theft: There’s More Exposure Than You Might Think

Beyond convenience, credit cards can also provide the cardholder with the ability to build credit (which is necessary for major purchases like buying a home … Continue reading Credit Cards & Identity Theft: There’s More Exposure Than You Might Think

Downloadable Guides

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Media Sanitization: Best Practices for Organizations

“It takes 20 years to build a reputation and a few minutes of cyber-incident to ruin it” – Stephane Nappo.

Looking to learn more about data destruction policies across industries in the government and commercial sectors? Check out our new Media Sanitization – Best Practices for Organizations e-book.

Popular Finance Solutions

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SEM Model 1201CC

SEM Model 1201CC is an NSA listed classified paper shredder that is eco-friendly and requires no oil to operate. Easily shred paper to a final particle size of 1mm x 5mm with an easy to use interface. This product, unique to SEM, can help reduce carbon footprints and aid in meeting sustainability goals.

SEM Model 0101 HDD Crusher

At the touch of a button, the SEM Model 0101 Hard Drive Crusher delivers 12,000 pounds (490K PSI) of force to a conical punch causing catastrophic trauma to the hard drive chassis while destroying the internal platter. The unit is quiet, smooth and virtually vibration free.

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SEM Model DS-200

The Model DS-200 turnkey disintegrator is evaluated and listed on the NSA/CSS EPL for Paper Disintegrators for the destruction of paper, CDs, and key tape. With a final particle size 50% smaller than a conventional high security shredder at 2mm-9mm, this dual stage disintegrator meets DIN 66399 level P-7 standards and can additionally destroy small e-media devices.

This revolutionary device is the only turnkey disintegrator for medium and high volume paper destruction.

SEM VKE Disintegrator Systems

Trusted by central banks around the world, SEM disintegrator systems are routinely used to take out of date currency out of circulation.

A VKE systems include the choice of a disintegrator, air system, and state-of-the-art technologies and features like a customized MX sound enclosure to reduce sound and dust during operation, a solid steel rotor designed to provide 70% more rotor mass than open rotor designs, and user-friendly master control panel.

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Learn More About SEM Solutions

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Paper/Optical Shredders

SEM offers a variety of paper and optical shredders listed on the NSA Evaluated Products List (EPL), as well as industrial solutions for commercial partners to meet standards across HIPAA, FISMA, and more. Find the perfect shredder to meet your organization’s volume, speed, and size for paper, CDs, DVDs, and BDs.

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IT Solutions

SEM has a complete line of IT destruction devices that includes a variety of crushers and shredders for HDDs, SSDs, and small eMedia storage devices. The IT line also includes degaussers that are listed on the Evaluated Products List (EPL) to permanently scramble the binary field of magnetic storage devices such as HDDs and data tapes per NSA standards.

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Multipurpose Solutions

Not every organization is destroying one type of media – and that’s where SEM multipurpose destroyers come in. These USA manufactured devices can destroy a combination of optical media including CDs, DVDs, and BDs, small eMedia devices like flash drives, Iron Keys, and SSD chips, paper, key tape, and more.

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Disintegrator Solutions

SEM designed the world’s first paper disintegrator in 1968 and we’ve been perfecting the solution ever since. SEM disintegrator systems come in a variety of value kits with endless customization options to meet any company or organization’s data destruction needs. Fully scalable from small room solutions to full warehouse destruction environments.

Need Some Guidance?

Want to learn more about SEM finance solutions? Contact us today to have one of our specialists guide you through the process of finding the perfect customized solution for all your data destruction needs.