It's the Law
There are Federal Laws that require businesses to destroy rather than simply discard information. These laws were established in an effort to protect the privacy and confidentiality of everyone.
The Health Insurance Portability and Accountability Act (HIPAA) identifies protected health information and sets rules for the security and privacy of this information.
The Gramm-Leach-Bliley Act places significant restrictions on the use of customer
information by those in the financial industry (insurance, banks, securities, mortgage, escrow, etc). Such financial institutions must disclose their privacy policies to their customers.
The U S. Supreme Court ruled (California vs. Greenwood) that "Dumpster Diving" is not illegal. "Dumpster Diving" is the predominate method of obtaining information by those involved in crimes related to:
The Fair and Accurate Credit Transaction Act (FACTA) Effective June 1, 2005, a new federal document destruction and disposal law went into effect establishing that the government mandates that all personal information of customers and employees on file be destroyed before being disposed of. This means that shredding such information is required.
Touchless On-Site Document Shredding and Materials Destruction provides maximum protection and security for any type of business. MaxShred provides the most secure and cost effective means for the destruction and lawful disposal of confidential documents and materials.
MaxShred has successfully implemented programs that are setting standards for On-Site Document Shredding and Materials Destruction services. These programs have become companies and businesses preferred method of protecting their customers, employees, and trade information against identity theft and consumer fraud.
Protect both your company and customer's information. It is not safe to throw sensitive or confidential information in the "dumpster".
The Federal Trade Commission reports that more than 45% of consumer fraud and complaints involve identity theft. It is the fastest growing crime in America affecting millions of new victims each year. Senior executives have found this issue to require immediate action in developing policies and procedures for protecting their customers, employees, and company trade information.