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The Tip of the Night for April 28, 2022 discussed how degaussing disrupts the magnet ic field of hard drives and and tapes, erasing stored data. High volume degaussing devices exist which can erase hundreds of devices in an hour. Data Security, Inc. markets a machine which can both degauss and physically destroy drives fed into it on a conveyor belt.
Keep in mind that a solid state drive cannot be degaussed, because it does not store data magnetically.