FACTA requires that all businesses, regardless of size or industry, protect and dispose of sensitive and personal data they collect about their customers.

Learn more about how FACTA relates to the shredding industry, and how to ensure your company is complying with FACTA regulations related to disposing of documents and personal data.

Privacy on Peer to Peer Networks

One of the most important rulings in privacy was the 1988 Supreme Court ruling between California v. Greenwood. In case your are not a historian of 20th century Supreme Court rulings this on concerned the admissibility of evidence gathered from the trash can of a suspect. The court said...

Personal Documents Not Shredded in Kansas

Washington Inventory Service in Merriam, Kansas,  left a box of employee records in a recycling dumpster behind their building. The records included the personal information of current and past employees. It was discovered by someone and reported to KSHB Action News. These calls must feel like Christmas to reporters...

Proshred Expands into San Francisco

Proshred has announced a new franchisee in San Francisco. This is the 25th location for Proshred in the United States. The San Francisco location will be operated by Redishred whom operates several Proshred franchises already. This location will service the San Francisco and San Jose metropolitan areas. With the...

Shredding Needed in Raytown

Residents of Eldorado Apartments learned on Tuesday that their applications for residency had been left in a dumpster behind the complex. An apartment complex is really just an application for credit. It contains all the financial data to do a credit check by the management company. This is the...

SEC Takes Responsibility for FACTA

There has been a change in organizations with authority to enforce the Fair and Accurate Credit Transaction Act (FACTA). The change was done as part of enforcing the Dodd-Frank Wall Street reform law of 2010. The SEC and Commodity Futures Trading Commission (CFTC) is now responsible for enforcing FACTA for...

What FACTA Says

The Fair and Accurate Credit Transaction Act of 2003 is one of the biggest laws that require businesses to ensure the proper destruction of personal information. It covers all information that is used as part of a credit report. Many people talk about the law but it seems as...

FTC Settles Disposal Rule Violation for $101,500

The Federal Trade Commission (FTC) has announced an agreement with PLS Financial Services, Inc., and The Payday Loan Store of Illinois, Inc over disposal rule violations. As part of the agreement the companies have agreed to pay a fine of $101,500. In addition to the fine the companies must have...

FERPA and Shredding

If you work at a college or university then you are familiar with the Family Educational Rights and Privacy Act (FERPA). This is a law that protects the privacy of student records. It applies to any educational institution that receives funds from the Department of Education. The law is for parents...

Mobile Shredding in Connecticut

William B Meyer has announced that they have purchased a shredding truck and are now offering mobile shredding to their customers. This is in addition to the off site shredding that the company has offered in the past. So what are the advantages of  mobile shredding over plant shredding?...

Red Flags Rule Proposed

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have proposed new “red flag” rules to help prevent identity theft. The new rules would require financial institutions to implement two things. The first part is to create a written identity prevention program. The program should...