It’s the Law
Compliance is a necessary legal and ethical component needed to protect your business. Due to Federal legislation, disposing of private client and/or employee information the wrong way can land your business harsh penalties. Instead of simply trashing this sensitive data, regulations now require businesses to destroy it so it cannot be recovered and recreated.
That’s where we come into hand. The Red Shredder’s team of trained technicians are experts in security, privacy and handling confidential information. Everything from our secure containers to our specialized closed-loop shredding process ensures that your sensitive information will be destroyed in compliance with the necessary regulations. Every time we shred, we present our clients with a certificate of destruction – proof that your private information was destroyed in a secure and confidential way.
Not sure if your business or organization needs to be compliant? Check out three of the major Federal regulations below. If any of the below criteria meet your business or organization in any way, you must comply.
The Fair and Accurate Credit Transaction Act (FACTA) applies to all businesses/ organizations that obtain private data (including credit reports, employment background, insurance claims, medical history, etc.) Specifically, "reasonable measures need to be taken to protect against unauthorized access to or use of the information in connection with its disposal." According to the law, "reasonable measures" for dealing with confidential material means such material must be "shredded, pulverized or burned so that the documents containing confidential information cannot be read or reconstructed."
The Gramm-Leach Bliley Act (GLB) specifically addresses the obligations of financial institutions and insurance companies to respect the privacy of its customers. This means that any secure or confidential information of these customers cannot become public information.
The Health Insurance Portability and Accountability Act (HIPAA) applies to the medical industry, specifically the privacy of patient medical records.