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With identity theft affecting thousands of businesses and consumers each year the security of information and the proper disposing of it thereafter is not only a better business model, but the law.

[ FTC ]As of June 14, 2005 the Federal Trade Commission’s (FTC) Fair and Accurate Credit Transactions Act (FACTA) required any business or individual that has personal information about another individual through the use of consumer reports, whether in paper or electronic form, must comply with the Disposal Rule. Enforced by the FTC, the Disposal Rule requires the proper disposal of information in consumer reports and records to protect against “unauthorized access to or use of the information”.

The Disposal Rule applies to all sizes of businesses. It includes, but is not limited to, consumer reposting companies, lenders, insurers, employers, landlords, government agencies, automobile dealers, and attorneys or private investigators.

Since the induction of the FACTA law, similar industry-specific laws (Gramm-Leach-Bliley Act, Health Information Portability and Accountability Act) have been enacted to help reduce the amount of fraud and identity theft among American companies and individuals. For more information on legislation, click here.

[ AAA certified ]America Shredding is here to help your business be compliant with all FTC laws and regulations and to stop the spread of fraud and identity theft. As a certified member of the National Association for Information Destruction (NAID) we comply with all industry requirements and codes of ethics.

Industry Specific Compliance

American Shredding works closely with industries that have specific security issues, maintaining up to date requirements for each industry, such as:

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Medical
Medical identity theft affects at least 250,000 Americans each year. The Health Insurance Portability and Accountability Act – better known as HIPAA – is the federal law that governs the protection of health records. HIPAA demands that doctors and insurance companies hire professional document shredding services to regularly dispose of any paperwork containing sensitive information.

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Legal
Black’s Law Dictionary is clear about the expunging of documents used during a legal proceeding. Once there is a resolution of all matters, a firm must safely secure all documents, materials and records for a minimum of 7 years. At the end of 7 years, the firm must destroy the legal documentation associated with the closed case.

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Biotech and Life Science
A security breach within a bio-tech firm can cost billions. Everything including research data, trademark searches, investor relations and medical record-keeping must be secured, and securely destroyed when it is no longer relevant. America Shredding protects the corporate, legal and medical data so no unauthorized individuals are privy to projects under R & D. Test results, samples and marketing campaign materials are permanently destroyed to protect against security leaks.

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Finance
No other industry manages more personal documents and we understand the gravity of exposure. America Shredding’s chain of custody protects then permanently destroys the financial records, banking transactions, loan applications, credit reports and accounting statements you create. Our document destruction process pulverizes each into a fiber that cannot be reassembled or ever read again. That’s peace of mind you get in writing.