Why Shred?
Document shredding has multifaceted advantages such as regulatory
compliance, safeguarding your proprietary trade information, and
protecting your clients and employees' privacy. You always reduce
your legal exposure with the adaptation of smart document control
and disposal policies. The utilization of a bonded and insured
third party document destruction service is a cost effective and
practical option which further supports your organizations’
commitment to regulatory compliance of safeguarding information
in your possession.
Every day businesses generate and accumulate
thousand of tons confidential papers and materials containing
sensitive and confidential information. Should this information
fall into the wrong hands it will severely impact your business.
Any and all information related to your business is extremely
valuable to your competitors and thieves. Regardless of the size
of your business, you should have a document destruction program
in place to safeguard your company’s vital information.
Information That Requires Destruction
– EVERYTHING!
All businesses have customer lists, phone lists, price lists,
sales statistics, drafts of bids and correspondence, and even
memos containing information about business activity would interest
any competitor. Every business is also entrusted with information
that must be kept private. Employees and customers have the legal
right to have this data protected. Without the proper safeguards,
this information most often ends up in the dumpster where it is
readily and legally available to anyone. Trash is considered by
business espionage professionals as the single most available
source of competitive and private information from the average
business. Any establishment that discards private and proprietary
data without the safeguard of destruction is liable for criminal
and civil prosecution, as well as the costly loss of customers
and productivity.
What to Shred
Documents should be shredded that contain any of the following
information:
• Telephone numbers
• Drivers License numbers
• Passport Number
• Education
• Credit Card numbers
• Bank Account Address
• Social Security numbers
• Insurance Policy data
• Employment Information
• Debit Card numbers
• Brokerage account information
Documents to be shredded include:
• Legal Documents
• Medical Records
• Financial Statements
• Profit & Loss Statements
• Accounting
• Files/Records
• Organization Charts
• Personnel Files
• Payroll Records
• Audits/Survey's
• Market Research
• Bank Statements
• Tax Records
• Contracts
• X-Rays
• Client Lists/Files
• Receipts/Invoices
• Price/Inventory Lists
• Proposals and Quotes
• Canceled Checks
• Business Plans
• Photographs
• Presentations
• R&D Files/Data
• Computer Reports
• Credit Card Numbers
• New Product Information
• Executive Correspondence
• Obsolete
• Brochures/Stationery/Files
The Small Stuff Counts - Incidental Business Records.
Without a program to control it, the daily trash of every business
contains information that could be harmful. This information is
especially useful to competitors because it contains the details
of current activities. Discarded daily records include phone messages,
memos, Post-Its, employee “To Do” lists, misprinted
forms, worksheets, drafts of bids and drafts of correspondence.
All businesses suffer potential exposure due to the need to discard
these incidental business records. The only means of minimizing
the risk is to make sure such information is securely collected
and destroyed.
Let’s face it, employees are busier today
than ever. As a result of hectic schedules employees often compile
a large overflowing collection of documents destined for the shredder
during slower times. These documents and materials will often
sit for days and in many cases weeks, accessible to all, before
being destroyed. It can take an employee up to 2 hours to destroy
their collection of documents and materials. With our free collection
consoles your staff will simply place the material in and forget
it. You receive the benefit of ensuring all materials are promptly
destroyed and more importantly you have no loss in productivity
from your staff.
Internal Personnel Should Not Be Responsible
for Destroying Certain Information
Common sense dictates that payroll information and materials that
involve labor relations or legal affairs should not be entrusted
to lower level employees for destruction. Proprietary information,
executive correspondence, and financial statements should be protected
from them as well. Most former employees will seek work with a
competitor. It has been established time and again, that employees
often have the economic incentive to capitalize on their access
to sensitive information. The only acceptable alternatives are
to have the materials destroyed under the supervision of upper
management or document shredding service.
Out Dated Records Should Be Destroyed
On A Regular Schedule
The period of time that business records are stored should be
determined by a retention schedule. No record should be kept longer
than this retention period. Not adhering to a program of routinely
destroying stored records can be negatively construed in the event
of litigation or audit. The new Federal Rule 26 requires that,
in the event of a lawsuit, each party provide all relevant records
to the opposing counsel within 85 days of the defendant’s
initial response. If either of the litigants does not fulfill
this obligation, it will result in a summary finding against them.
By destroying records according to a set schedule, a company appropriately
limits the amount of materials it must search through to comply
with this law. From a risk management perspective, the only acceptable
method of discarding stored records is to destroy them by a method
that ensures that the information is obliterated. Documenting
the exact date that a record is destroyed is a prudent and recommended
legal precaution.

