Businesses have a responsibility to safely maintain private information. When records are not handled properly, data leaks can occur and put your company at risk. Exposed information can ruin your reputation, lead to unexpected financial costs, and require years of work to resolve fraudulent issues.
Professional shredding and hard drive destruction services help keep your business information safe. Secure disposal reduces storage costs, maintains legal compliance, and increases security for your personal and proprietary information.
Retention & Privacy Regulations for Businesses
Economic Espionage Act
Helps prevent and recover damages from the theft of trade secrets.
Fair Credit Reporting Act
Promotes the accuracy and privacy of information collected in consumer reports.
Consumer Data Privacy and Security Act
Establishes standards for collecting personal data, requiring businesses to publish privacy policies and implement security programs to protect data.
State-Level Data Privacy Laws
Data privacy laws vary by state. All 50 states have data breach notification laws, but definitions may differ. 35 states have data disposal regulations. Businesses should comply with regulations for their area.
Record Retention Schedules for Businesses
Record retention schedules are based on the information in your records. Federal, state, and local laws may require you to retain different documents for different periods of time. For state specific information, contact the department that oversees records management in your state.
Business Documents You Should Shred
- Account Records
- Audits
- Bank Statements
- Client Lists
- Confidential Correspondence
- Contracts
- Credit Card Information
- Customer Documents
- Employment Applications & Resumes
- Estimates/Bids
- Financial Statements
- Health Insurance Forms
- Human Resource Documents
- Insurance Records
- Inventory Records
- Invoices
- Legal Documents
- Market Research
- Medical Records
- Payroll Records
- Property Purchase Documents
- Purchase Receipts
- Tax Documents/Records
Office Equipment You Should Destroy
- Audio Equipment
- Backup Tapes
- CDs/DVDs
- Desktop Computers
- Disk Drives
- Flash Media & Microfilm
- Hard Drives
- ID Badges
- IT-Media
- Laptops
- Scanners, Printers, & Fax Machines
- Servers
- SD Cards
- Smartphones & Mobile Devices
- Tablets
Tips for Business Information Management
Your company’s success depends on the management of information. Not only does an efficient system drive you forward, but it sets you apart from the competition. Transform your business with by document management solutions from Shred Nations.
Build Structure with DMS Software
A document management system (DMS) helps you organize, secure, and complete tasks with your business files. Reduce costs, streamline workflows, and protect your information by implementing DMS software.
Protect Your Data with Shredding
Shredding is an approved destruction technique for paper and other materials. It permanently disposes of your data to prevent recovery, theft, and fraud.
Get Free Quotes on Business Shredding Services
Shred Nations has partnered with businesses across the country to protect valuable information. Our services are aimed to meet the demands of legal regulations and high customer expectations. We are confident that you will benefit from our business-specific shredding services.
Contact us to find the right services for your company. Call us at (800) 747-3365 or fill out the form to receive free quotes from shredding providers in your area. They will contact you within minutes to begin your project.
