But the greatest risk of a failure in a firm's security is when this information is no longer in possession control. When firms discard files this data becomes ripe for identity theft, use in lawsuits or by media or competitors. The US Supreme Court has ruled that once records are placed in a dumpster you no longer have ownership of the records. Confidential records just thrown in a dumpster or given to a recycler are open to the media looking for a cheap headline, to a corporate spy seeking to steal technology, or client information from your firm.
To be direct the confidential destruction of obsolete records is an essential step in developing a Court Defensible Risk Mitigation policy for your firm. Absolute Shredding is cheaper than a defense attorney. The case for On-Site shredding is since you are liable for the records until they are shredded.
HEALTH INSURANCE PORTABILITY and ACCOUNTABILITY ACT (HIPAA) The Stimulus Act of 2009 has greatly increase the Compliance issues with HIPPA. A new HITECH Business Associates Agreement is mandated by this new legisatltion. please contact us and we can assist you with the new NAID Business Associates agreement so your organization will be in full Compliance.
GRAMM-LEACH-BLILEY ACT places significant restrictions on the use of customer information by those in the financial industry. These restrictions recognize that non-public personal, financial, and health information must be safeguarded and include proper disposal procedures.
FACTA 2003 - this new Federal Act will place new regulations on the management of credit information. In developing the regulations for this act the Federal Trade Commission has defined that the “proper disposal” of credit information now will be shredding. You don’t even want to think about the costs involved in a security breach. And it’s not just the financial implications of a disaster that you have to consider, but the damage that can be done to your reputation. The one that has taken you years to build. Absolute Shredding’s unbroken chain of custody safeguards all your sensitive information from the time the documents go into your locked consoles to the time they are securely shredded and recycled into paper products. So you can relax knowing that with Absolute Shredding’s document destruction solution, it’s all safe and secure. And Absolute Shredding services provide a secure process, every step of the way. Our on site shredding service keeps you compliant. Our proven document destruction process makes sure that your information is destroyed in compliance with legislation regarding your industry, your location and your information. Contact us to find out how Absolute Shredding’s secure on site shredding can help your business.
" Our bank is extremely fortunate to utilize the services of Absolute Shredding. The handling of our sensitive documents is of high importance to our bank. The program we are on with Absolute Shredding assures that these documents are shredded to our standard without ever leaving our premises. "
Bob HinderakerPresidentSignature Bank