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- Why & What to Shred
Why Shred?
Your organization must comply with laws and regulations that require you to protect certain information when it is discarded. The laws today, FACTA, HIPAA, Grahm-Leach_Bliley, and FERPA require specific physical safeguards, such as shredding, to meet compliance or your organization could face steep fines.
Whether you have customers who are concerned about identity theft or a company that is concerned with protecting trade information, you are entrusted with information that is considered to be extremely confidential. The most secure and effective way to destroy this information is by shredding.
The FACTA Act
The Fair and Accurate Credit Transactions Act, 2003 (FACTA), was enacted in December 2003 with more specific document destruction rules coming into effect on June 1, 2005.
HIPAA
The Health Insurance Portability and Accountability Act of 1996 (HIPAA), is a federal law that requires health care organizations to safeguard Protected Health Information (PHI) including patient medical records, patient logs, insurance, billing, or any personally identifiable health information
The Gramm-Leach-Bliley Act
The Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act (GLB Act), protects the privacy of consumer information held by financial institutions.
FERPA
The Family Educational Rights and Privacy Act (FERPA) is a federal law that protects the privacy of student educational records.
What to Shred
Any information you don’t want others to control including, but not limited to:
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