BD & Associates
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Why Shred?

 

With information fraud and identity theft are all over the news, if your organization is still NOT shredding confidential documents, here’s some facts you may want to consider:

  • About 70% of company information theft is committed by “insiders” like disgruntled employees, temps, minimum-wage workers, as well as employees who are experiencing financial problems or abusing drugs. (Business Week)

  • The workplace is still the most likely place for identity theft to occur. (Kiplinger’s Personal Finance)

  • It takes on average, two years for office fraud to be detected. (Association of Certified Fraud Examiners)

  • Documented security breaches have resulted in over 100 million confidential files being compromised each year since 2005. (Privacy Rights Clearinghouse)

 

Why Shred Confidential Documents?

It Protects Your Customers, Your Employees and Your Business

Using a shredding company to provide an on-going, route shredding service will help secure the confidential information of your customers and your employees, while protecting your business from severe fines, bad PR and lost sales.

It’s The Law

With more than 40 state and federal information destruction laws on the books, no business, regardless of size can choose NOT to shred confidential documents. To learn more about some of the laws that may affect your organization, just click on any of the links below:

FACTA- Fair and Accurate Credit Transaction Act
For information about FACTA click here.

HIPAA- Health Insurance Portability and Accountability Act
For information about HIPAA click here.

GLB- Gramm-Leach-Bliley Act
For information about GLB click here.

Red Flags Rule
For information about Red Flags Rule click here.

It’s The Right Thing To Do

Once your confidential documents have outlived their useful value to your organization and you’ve satisfied all legal requirements, these documents should be shredded immediately.

 

 

 





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