February 11, 2008

Paper Shredders And Your Liability

Whether you manage a school, business, charity, or church, people entrust their personal information to you. They do so believing you will safeguard their information. If your clients, employees, donors, and others believed you were not handling their data properly, they would no longer want to work with you. After all, would you want to do business with someone you knew was not taking reasonable steps to protect you?
Some industries have a greater burden of information security imposed on them by state and federal regulatory agencies and laws. The Health Insurance Portability and Accountability Act that went into effect in 1996 was the first federal legislation enacted to safeguard our health information and records. In 1998, the Gramm-Leach-Bliley Act went into effect to ensure financial institutions properly protect sensitive data. Another piece of legislations that is not industry specific is the Sarbanes-Oxley Act of 2002. This legislation requires that affected public companies perform checks on their internal controls and provide data on their effectiveness. Failure to comply with these types of laws can lead to court, fines, and suspension of licenses. Compared to these, the cost of purchasing and maintaining a paper shredder is more than worth it.
In addition to […]

Full Article At: KnowHow-Now.com Articles

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