And Why You Need It!
Document shredding, or lack thereof, is a common problem for many businesses today. From financial records to other sensitive materials, offices are simply run over with an excess of paperwork. That is where document shredding services come into play since shredding services seek to help business owners safely dispose of documents in an environmentally friendly way.
What is a document shredding service?
Document destruction services are often employed by businesses that house sensitive documents such as medical or dental records along with the aforementioned financial records. The shredding service comes to you the business owner, meaning you do not lose valuable time bringing hauling paperwork anywhere.
Why do businesses need this service?
Identity theft is a huge problem in this country. In fact, an astounding 87 percent of all identity cases began by criminals obtaining information through dumpster diving or similar methods. Therefore, the need to probably dispose of important papers has never been greater.
How do you know you can trust a shredding company?
HIPAA, which stands for the Health Insurance Portability and Accountability Act, is a privacy rule that protects the identity of patients in regards to medical records. HIPPA sets the national standard for security in regards to health information. Moreover, FACTA, which stands for the Fair and Accurate Credit Transactions Act, ensures all financial documents are handled properly. For more information on this subject, follow this link. Finding a shredding service that is HIPPA and FACTA compliant will ensure your documents are safe.
Why not allow employees to shred papers?
According to CBS News, an estimated 5 percent of a typical organization’s revenue is lost yearly due to employee fraud. Therefore, trusting the average employee to properly destroy sensitive documents is risky. In addition, even if you feel you can trust your employees, you are taking valuable production time away from them while they destroy documents. Therefore, hiring a professional paper document shredding service that comes to you is wise.
Because identity theft is so prevalent today, it is crucial for businesses who deal with sensitive documents to properly destroy these papers. When individuals try to do this themselves, mistakes can happen that often places private information into the wrong hands. Therefore, proper document destruction is a must.