Assurance_Document_Shredding_SECURITY_Image_finalAssurance Document Shredding means your sensitive information is safe and secure.

Identity theft is one of the fastest growing crimes in America.  Due to this fact, several laws have been enacted in recent years in an effort to prevent this crime.  The following is a brief explanation of each of those laws.

  • HIPAA – The Health Insurance Portability and Accountability Act (HIPAA) of 1996.  This law was created to regulate the healthcare industry in the United States.  It was written to assure that healthcare organizations are responsible for secure transmission, storage, and disposal of patient information.

 

  • Gramm – Leach – Bliley Act (GLB) – Requires financial institutions of all types to develop safeguards to ensure the security and confidentiality of customer records, and to protect against unauthorized access to, or use of those records.  This law extends to the secure storage, disposal, and sharing of confidential information.

 

  • The Fair and Accurate Credit Transactions Act of 2003 (FACTA) – This act governs any person, business, or organization, and contains several provisions to combat consumer fraud and related crimes, such as identity theft, and to aid the victims.  The act requires the destruction and proper disposal of any papers containing consumer information.

 

  • The Economic Espionage Act (EEA) – This act was designed to address the practice of “Dumpster Diving”, and
    makes theft or misappropriation of trade secrets a criminal offense. Dumpster diving is the method used by commercial
    information brokers and foreign intelligence services for collecting confidential information from the trash of residences
    and businesses. Stealing trash is not a crime, but careless handling of the information is.

All of these laws carry potential fines and/or imprisonment, and the violators can be held liable for damages.