Corporate waste disposal in banks and fintechs: PCI-DSS + LGPD compliance

Corporate disposal in banks and fintechs requires strict compliance with PCI-DSS and LGPD standards to ensure information security and the protection of personal data. This article discusses best practices for the proper disposal of sensitive information, electronic devices and documents, ensuring legal compliance and minimizing leakage risks.

Importance of PCI-DSS compliance in banks and fintechs

The Payment Card Industry Data Security Standard (PCI-DSS) establishes essential requirements for the protection of payment card data. In the financial sector, banks and fintechs deal with significant volumes of this sensitive information on a daily basis, which makes compliance with the standard essential. Improper disposal of devices or documents containing card data can result in security breaches, exposing customers to fraud and leading to severe regulatory sanctions.

Relevance of the LGPD in data disposal

The General Law on the Protection of Personal Data (LGPD) regulates the processing of personal data in Brazil, including obligations relating to the storage, access and proper disposal of this information. When disposing of documents or equipment containing personal data, banks and fintechs must adopt measures that guarantee the anonymization or definitive elimination of the data, safeguarding the privacy of data subjects and avoiding fines and administrative penalties.

Best practices for secure disposal

To simultaneously meet the requirements of the PCI-DSS and the LGPD, it is recommended to implement the following practices:

• Physical destruction of documents: use high-security shredders for papers containing sensitive data, ensuring that they cannot be reconstructed.
• Secure disposal of electronic equipment: ensure that hard drives, SSDs and other storage devices undergo degaussing, physical destruction or the use of specialized software for complete erasure before disposal.
• Hiring specialized partners: opt for service providers that offer recognized certifications and guarantee compliance with current regulations, keeping detailed records of the procedures carried out.
• Training and raising awareness: train internal teams to understand the importance of compliance and act appropriately in disposal management.

Documentation and auditing

Keeping detailed records of disposal processes is key to demonstrating compliance in internal and external audits. Destruction reports, certificates issued by partners and evidence of internal control help to create an environment of transparency and legal certainty.

Benefits of disposal in line with PCI-DSS and LGPD

In addition to avoiding sanctions and financial losses, strictly complying with regulatory requirements strengthens reputation and trust with customers and partners. Adopting safe practices promotes risk mitigation, respects the rights of data subjects and contributes to environmental sustainability by ensuring that disposal is carried out correctly.

Conclusion

Banks and fintechs should view corporate disposal as a strategic stage in information security management. Alignment with the PCI-DSS and the LGPD ensures the protection of sensitive data, compliance with legislation and the preservation of the institutional image, which is essential in an increasingly competitive and regulated market.