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Document & Materials Destruction :
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:
- Identity
Theft
- Computer
Hackers
- Credit
Card Fraud
- Industrial
& Trade Information
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.
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