There are three main regulations that different types of businesses may be required to follow or risk facing legal and financial penalties:
Fair and Accurate Credit Transition Act (FACTA) – Businesses that handle customer information or transactions are required to protect their information from identity theft by destroying personal information at appropriate times.
Health Insurance Portability and Accountability Act (HIPPA) – This law safeguards personal health information and applies to any entity that handles medical records or other patient data.
Sarbanes-Oxley – This regulation governs the destruction of business information that cannot be used in audits or investigations. To be compliant, companies must have a system for identifying and destroying such documents on a regular schedule.
ShredX’s on-site and off-site certified shredding services help companies comply with each of these regulations and help companies maintain the privacy of their employees and customers. Our cross-cut shredding system and secure bins ensure that all information is systematically destroyed, while our strict chain-of-custody maintains confidentiality every step of the way.Contact us to learn how ShredX can help your business or agency safeguard its information.