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Who
needs a shredding company?
Financial
Institutions, Mortgage Lenders, Finance Companies,
Utility Companies, All Governmental Agencies,
Lawyers, Accountants, Dentists, Home Health Agencies,
Durable Medical Equipment Companies, Manufacturing
Companies, Physicians, Realtors, Any Company that
Handles Clients' Personal Information, You
Do!
The
law protects citizens. Privacy protection is the
law that you must shred, erase, or destroy any
information pertaining to: accounting data; banking
such as account information and documentation,
canceled checks, and copies of checks; special
notes; customer addresses; customer names; contract
drafts; employee information; educational records;
insurance information; loan information; market
analysis; medical information; patient billing
information; payroll information; purchase orders;
sales call reports; sales information; social
security numbers; supplier information; training
information; visitor logs; and any other personal
information that could leave a person or persons
vulnerable to identity theft and invasion of privacy.
The laws that protect our citizens against these
crimes are: the HIPAA, Gramm-Leach-Bliley Privacy
Act, Economic Espionage Act, Trade Secret Protections,
ID theft laws, and implied contract breach laws.
Many new laws are being added all the time, such
as in the state of Texas, a new Act will become
effective on September 1, 2005.
The
FACTA disposal rule can apply to almost every
business in the United States. Severe penalties
can be imposed on violators of these laws. Federal
penalties can be up to $2,500 per violation
and state penalties up to $1,000 per violation.
If a company throws away undestroyed information
of 100 customers or more, the costs can be huge!
Also,
when we shred and recycle 300 pounds of paper,
up to three trees are saved from destruction.
Shredding your documents with Aiken and Augusta
Shredding just makes sense. Call us today.
A Family Owned and Operated
Business
Serving Aiken and Augusta
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