Shredding Laws
Employers must destroy records
Employers must destroy records By Janet Braswell 6/1/2005 – Papers with workers’ personal data must be shredded or burned Tossing records that contain employee telephone numbers or other personal information into the trash could land employers in trouble to the tune of $2,500 in fines. A provision of the 2003 Fair and Accurate Credit Transactions…
Read More… It’s the law
It’s the law Crissa Shoemaker 6/1/2005 – Don’t have a paper shredder? It’s time to invest in one. Starting today, a little known rule in the Fair and Accurate Credit Transaction Act goes into effect, requiring anyone who has at least one employee – be it a secretary, a babysitter or someone who just mows…
Read MoreFive Steps to FACTA Compliance Guidelines Every Business Should Follow
Five Steps to FACTA Compliance Guidelines Every Business Should Follow Steven Hastert 6/1/2005 – DENVER, June 1 /PRNewswire/ — Starting today, the federal government is ushering in a new line of defense to against identity theft. It is requiring that all businesses — regardless of size and industry — properly protect and dispose of the…
Read MoreFACTA IS ENFORCEABLE AT MIDNIGHT TONIGHT
FACTA IS ENFORCEABLE AT MIDNIGHT TONIGHT As of tomorrow, any person or business under the jurisdiction of the Federal Trade Commission is required to destroy all discarded personal information contained on a credit report or derived from a credit report. That’s because June 1st is the long-awaited FTC FACTA Disposal Rule effective date, marking the…
Read MoreNew Law Requires All Businesses to Shred
New Law Requires All Businesses to Shred PHOENIX, May 31 /U.S. Newswire/ — As of midnight tonight, most businesses will have to shred, burn, pulverize, or otherwise properly dispose of any documents containing consumer credit information before those documents can be thrown away. The requirement stems from a provision in the federal Fair and Accurate…
Read MoreNew paper disposal rule for consumer data kicks in
New paper disposal rule for consumer data kicks in Starting Wednesday, businesses that have consumer report data must ensure that their methods for discarding such information adhere to certain guidelines. The Federal Trade Commission issued the new rule last November in response to direction from the Fair and Accurate Credit Transactions Act of 2003 (FACTA).…
Read MoreLaw aims to shred identity theft
Law aims to shred identity theft By Ron Mizutani Shredding important documents is no longer just being responsible. Starting June 1, it will be mandatory for most businesses. A federal law will require that companies properly destroy consumer information. They say we live in a paper less society but Kaleo Allado doesn’t buy it. “I work…
Read MoreStarting soon, your financial secrets must be torn to shreds
Starting soon, your financial secrets must be torn to shreds Author: James Fisher OCEAN CITY — Ladies and gentlemen, start your shredders. Businesses across the country may be scrambling this month to be ready to follow a new federal law that takes effect in June. To avoid a penalty, they’ll have to destroy any personal…
Read MoreNew rules to require all firms to shred papers
New rules to require all firms to shred papers Author: Toledo Blade New federal rules effective next Wednesday will require businesses to destroy employee and customer records that contain personal identification information before disposing of the papers. Experts say the requirements will be a boon to document-shredding firms and will add a chore for small…
Read MoreDiscarding of personal information properly
Discarding of personal information properly Author: Channel 8 If you own a business, whether you have one or a hundred employees, you may want to head to the store by next week and pick up a shredder. A new provision on an old law makes it illegal for you to just throw away person information.…
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