Financial sector

Confidential financial data deserves uncompromising protection


In the financial sector, protecting sensitive information is a top priority. Financial records are not simply business data – they reflect the economic identity of individuals and companies. Account information, transaction histories, contracts, investment data and insurance records must therefore be treated with absolute confidentiality. Any breach of data protection can not only result in legal consequences and heavy penalties, but above all destroy the trust between customers and financial institutions – and it is precisely this trust that forms the basis of long-term business relationships.

Data destruction in the financial sector therefore means much more than just compliance with regulations such as the Gramm-Leach-Bliley Act (GLBA), the GDPR, PCI DSS or other national and international data protection laws. It is an essential part of the fiduciary responsibility of banks, insurers and financial service providers. At a time when financial data is increasingly digitised and processed in a globally networked environment, security must not end with storage. The final stage of the information lifecycle – secure destruction – must also be carried out with the utmost care. With intimus, you not only get robust, certified data destruction technologies, but also a partner who understands that data protection in the financial sector is not an optional extra – but a daily obligation to customers, partners and regulatory authorities.

In an industry where enormous amounts of highly sensitive information are processed and archived every day, a reliable concept for secure, complete and traceable destruction is indispensable. Our certified high-security solutions – from office and departmental shredders to powerful disintegrators and granulators to degaussers and crushers – guarantee the irreversible destruction of confidential data, regardless of the medium. Whether paper documents, contracts, CDs, credit cards, hard drives or modern storage media: with intimus, all sensitive data is destroyed securely, verifiably and in compliance with the law.

Areas of application in the financial sector:

  • Banks and financial institutions
  • Insurance companies and pension funds
  • Investment companies and asset managers
  • Auditing and tax consulting firms
  • Data centres and IT departments in finance
  • Credit agencies and financial service providers

German and European law


The General Data Protection Regulation (GDPR) forms the central legal framework for handling financial data throughout Europe. The NIS2 Directive obliges critical financial institutions in Europe to implement higher levels of cyber security. In Germany, the following also apply:  

  • BDSG (German Federal Data Protection Act) – supplements the GDPR with national requirements
  • HGB & AO – The German Commercial Code (HGB) and the Tax Code (AO) regulate strict retention and deletion periods for accounting and tax documents
  • BaFin requirements – set regulatory standards for companies to prevent money laundering and terrorist financing

Financial institutions must not only process customer data securely, but also delete it in a legally compliant and traceable manner or destroy data carriers after the expiry of the statutory retention periods.

Finance Eu

US and international regulations


Strict regulations for the protection of financial data also apply worldwide.

In the USA, the GLBA (Gramm-Leach-Bliley Act) requires financial institutions to explain their information sharing practices to their customers and to safeguard sensitive data, including secure data disposal. The SOX (Sarbanes-Oxley Act) additionally established standards for all U.S. public company boards, management, and public accounting firms to protect investors from fraudulent financial reporting.

Other countries have similar regulations:

  • PIPEDA in Canada
  • Privacy Act in Australia
  • APPI in Japan

All of these regulations share the common goal of ensuring that financial data is handled responsibly and that both digital and paper-based information is securely destroyed.

 

Finance International

Professional confidentiality in finance


In addition to the legal requirements, financial institutions and their employees are subject to strict legal and professional confidentiality obligations.

  • Customer and transaction data may only be disclosed with express consent.
  • The duty of confidentiality also applies beyond the end of the business relationship.
  • It covers not only contracts and account statements, but also digital storage media and archived financial documents.

Secure, traceable and audit-proof data destruction is therefore not only a matter of compliance, but also a basis for the trust of customers and business partners.

Professional Regulations Finance

Our products

Which security solutions are suitable for your area of application?


Office shredders for financial documents

The financial sector generates large quantities of sensitive documents every day – from account statements and contracts to accounting and audit documents. In order to meet compliance requirements such as GDPR or BDSG, branches and departments should destroy sensitive financial data at least at security level P-4. Documents requiring special protection, such as internal risk reports or audit documents, usually require P-5, while P-6 is also used in data centres or particularly security-critical areas. intimus office shredders offer the right solution for every requirement – from compact, quiet desktop devices for the workplace to powerful departmental devices for large volumes. The intimus autofeed shredders, which automatically feed and shred entire stacks of paper, are particularly practical. This saves banks and insurance companies time in their day-to-day work and at the same time increases the efficiency of data protection-compliant document destruction.

Disintegrators and industrial shredders

In banks, insurance companies and financial centres, the secure destruction of large quantities of confidential documents is a central component of data security and compliance. Disintegrators from intimus enable the complete and irreversible destruction of account statements, contracts, audit documents or even banknotes directly on site – without the risk posed by external service providers. The devices shred documents into tiny particles, making reconstruction virtually impossible. Interchangeable screens allow the security levels to be flexibly adjusted – from P-5 for everyday documents to P-7 for highly sensitive financial data or banknotes. The destruction of banknotes is particularly important, as worn or damaged notes must be taken out of circulation in order to prevent counterfeiting, comply with legal requirements and provide audit-proof evidence of destruction. For very large quantities of standard documents that do not require a high security level, intimus offers powerful industrial shredders at P-4. 

Media shredders and granulators

In addition to paper files, digital storage media pose a major security risk in the financial sector. Hard drives in servers, USB sticks with customer data or memory cards contain highly sensitive information that must be reliably deleted. intimus media shredders quickly shred data carriers into irreparable pieces, while granulators process media into fine, uniform particles. With interchangeable screens, the security levels can be flexibly adjusted – from E-3 to E-5 for particularly sensitive data. For hard drives and magnetic storage media, H-4 to H-5 are generally considered the standard in the financial sector. With the intimus FlashEx, even flash media can be securely destroyed directly in the office – a fast and audit-proof solution for banks and insurance companies that value maximum security.

Degaussers and crushers for maximum security

For classic HDD hard drives, the combination of a degausser and crusher is the most secure form of data destruction. During degaussing, all information is completely and irreversibly deleted using an extremely strong magnetic field. The crusher then destroys the physical structure of the data carrier by deforming, punching or breaking it. With optional audit trail systems, all destruction processes can be automatically logged. This means that it is possible to trace and audit-proof document at any time that all data has been deleted in accordance with regulations – crucial evidence for compliance checks and internal audits. This two-stage process complies with the most stringent international standards of the NSA and guarantees maximum security even for particularly sensitive financial data, audit documents or internal compliance documents. For large banks, data centres and financial institutions, the combination of degausser, crusher and audit trail system is therefore the optimal solution for maximum data security.

Home Office Shredder

Office shredders

Autofeed Shredder  1

Autofeed shredders

Disintegrators

Disintegrators

Industrial Shredder

Industrial shredders

Intimus SSD HDD Granulator

Media shredders and granulators

Intimus 40000S Auditor Pro

Degausser and Crusher

Proven security in action

How banks, insurance companies and financial institutions worldwide trust our solutions


A national central bank was faced with the challenge of safely removing large quantities of worn banknotes from circulation. With the intimus Disintegrator, the notes are shredded directly on site to security level P-7. Thanks to the flexibly interchangeable screens, the process can be adapted to stricter requirements at any time. The result: protection against counterfeiting, legally compliant destruction and audit-proof evidence of proper disposal.

Bank Disintegrator

A major international bank had to regularly delete sensitive data from decommissioned server hard drives. With the intimus degausser, all information is completely and irreversibly removed by a strong magnetic field. The crusher then destroys the physical structure of the hard drives. Supplemented by an audit trail system, the bank receives complete documentation for compliance audits – maximum security and verifiability.

Bank Degausser

An insurance company accumulates numerous contracts, claim files and internal documents every day. The use of an intimus auto-feed shredder with security level P-4 makes it possible to automatically feed in entire stacks of paper and shred them securely. This saves employees time in their daily office work, while at the same time ensuring reliable compliance with legal data protection requirements. A practical solution that combines security and productivity.

Insurance

Meeting the highest security requirements in the financial sector

Your benefits with intimus.


  • Legally compliant destruction of sensitive financial data

intimus products meet the most stringent data protection and security standards in the financial sector – including GDPR, DIN 66399, ISO/IEC 21964 and international requirements. This ensures that account statements, contracts, audit documents and digital customer data are destroyed reliably and in an audit-proof manner.

  • Wide range of products for all data carriers

From compact office and auto-feed shredders for everyday documents to powerful industrial shredders for entire files and high-security systems for hard drives, SSDs and banknotes – intimus offers the right solution for every requirement in the financial sector.

  • Flexible security levels as required

Thanks to interchangeable screens, intimus disintegrators and granulators achieve flexibly adjustable security levels – from P-4 to P-7 for paper, H-3 to H-6 for hard drives and E-3 to E-5 for optical and electronic media. Ideal for particularly sensitive financial data, internal audits or the legally required destruction of banknotes.

  • Effective digital data destruction

With intimus degaussers, all information on HDDs is completely and irreversibly deleted. In combination with crushers, physical destruction then takes place – maximum security that meets even the strictest standards of banking regulators.

  • Audit-proof documentation of all processes

Audit trail systems automatically record the serial numbers of hard drives or SSDs and create digital logs. This ensures the legally compliant and traceable destruction of all financial data – a decisive advantage in audits and compliance checks.

  • Reliability and maximum performance

intimus systems are designed for continuous operation in banks, insurance companies and financial centres. Robust technology, maintenance-friendly design and intuitive operation ensure high availability and minimal downtime – even with large amounts of data.

  • Comprehensive service for financial institutions

In addition to powerful technology, intimus offers financial companies individual advice, regular maintenance and fast spare parts service. The result: maximum operational reliability, smooth processes and uncompromising data protection.

 

Why intimus?


007

High security expert since 1975

intimus developed the world's first high security shredder

Certified Security

Certified security

Destruction in accordance with international security standards – ISO/IEC 21964 compliant

Passion

Customised solutions

Tailor-made solutions: From individual devices to complete security concepts.

Ready for maximum data security?

Secure your confidential information - permanently and reliably.


Our experts will advise you individually and work with you to develop the optimal destruction strategy.

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