According to a British research company, too many people are failing to encrypt or erase sensitive information on their mobile device before tossing it out. In order to prove this, their team purchased over 150 discarded devices through secondhand retailers and an auction site.
Researchers found that one of every five contained sensitive data, such as company finances, salaries, board meeting minutes and business plans. For instance, A BlackBerry formerly owned by the sales director of a major corporation contained extensive information on company clients and the director himself. The information included his bank account numbers, as well as car registration information.
Because of this, major large companies are instituting policies regarding how employees dispose of handheld devices.