As the asset reaches the end of its service life, is unrepairable, or
includes unpatchable security vulnerabilities, the final step is to
decommission it from active use. Alternatively, in the case of BYOD
equipment, hardware will need to be retired from service in the event
that the employee who owns it leaves the company.
The status of the asset will need to be updated within company
systems, and any and all corporate information will need to be wiped
from the device. After which, the device may be returned, sold, donated,
recycled, or properly disposed of.