Legal & Regulatory Violations caused by NOT destroying Information

 
(see legend)
 
      Direct Violation
      Cond. Violation
A B C D E F G
   
 Account Data                            
 Banking Info & Docs              
 Brainstorming Notes              
 Cancelled Checks              
 Copies of Checks              
 Customers' Addresses              
 Customers' Names              
 Drafts of Contracts              
 Drafts of Letters              
 Drafts of Proposals              
 Education Records              
 Employee Info              
 Insurance Info              
 Internal Memos              
 Loan Info              
 Market Analysis              
 Medical Info              
 Mis-Aligned Forms              
 Mis-Printed Copies              
 Obsolete Contracts              
 Obsolete Records              
 Patient Billing Info              
 Patient Names              
 Payroll Info              
 Phone Logs              
 Phone Messages              
 Purchase Orders              
 Sales Calls Reports              
 Sales Info              
 Shipping Data              
 Soc. Sec. Numbers              
 Supplier Info              
 Training Info              
 Visitor Logs              
       
 A   - HIPPA
 B   - Gramm/Leach/Bliley
 C   - Privacy Act
 D   - Economic Espionage Act
 E   - Trade Secret Protections
 F   - I.D. Theft Laws
 G   - Implied Contract Breach

 
 
 
 
 
   

WHY SHRED?
In the last five years, 90 percent of all companies prosecuted under the Data Protection Act were found guilty.
Dunn's Review estimates that corporate espionage costs U.S. businesses over seven billion in losses annually.
The U.S. Department of Justice estimates that an average of 34,000 property crimes, including the theft of confidential material, occurs every day.
Information thefts are caught only 2 percent of the time and cost businesses an average of $800,000 per instance.
Governments and Regulators are now enforcing document security more than ever before.
Dumpster Diving has become "Investigative Journalism 101". With all of the privacy compliance laws, it's the first place reporters look when they are trying to grab a quick headline (and possibly ruin your public image). Chances are your company does not have a security guard watching your dumpsters. iSHRED will work with you to develop a program that will ensure your company's documents are disposed of in a secure manner.
 
 
IT'S THE LAW

Discarding documents which have not been shredded can violate the following laws and regulations (see chart):
  HIPAA - Health Insurance Portability and Accountability Act
  GLBA - Gramm Leach Bliley Act
  Privacy Act
  EEA - Economic Espionage Act
  UTSA - Uniform Trade Secrets Act
  ID Theft Laws
  FACTA - Fair and Accurate Credit Transactions Act
INCIDENTAL RECORDS

Incidental records can comprise as much as 60% of the waste generated in an office environment. These records are often discarded without any acknowledgement of their creation, or any policy regarding their proper retention and disposal.

With iSHRED locking consoles and security containers, we can develop a secure solution tailored to your company's needs.


 
© 2006 iSHRED      1209 N. Lake George Road      Attica, MI 48412        Tel: (866) 457-4733