Shredding News
New 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 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 MoreConsumer Watch Shredder Danger
Consumer Watch Shredder Danger By Kirby Adams We’ve been telling you the importance of shredding any of your documents or mail that have your personal information on them in order to protect you from identity theft. Now however, we need to warn you about a danger with the shredder themselves. During the past five years,…
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.…
Read MoreNew Law About To Send Shredding On A Tear
New Law About To Send Shredding On A Tear Author: Alan Wagmeister Part of the new consumer credit law will have anyone employing even one person shredding documents. Undated — Do you shred? If not, get ready to. You’ve heard about shredding. You understand that it’s probably a good idea to shred any receipts that…
Read MoreFACTA Law – Document Destruction Required
By Will Shanley The Denver Post Federal law – document destruction required even small businesses to adopt practice to fight identity theft. Shredding facts • Possible penalties for violating new federal document-destruction provisions: • Federal fines: Up to $2,500 for each violation. • Civil lawsuits: Consumers may recover actual and punitive damages, as well as…
Read MoreFACTA – The fair and accurate credit transaction Act
FACTA – The fair and accurate credit transaction Act I bet this is one most of you didn’t know about. I didn’t until Al’s Morning Meeting reader Elliot Weiler, Consumer Reporter at WBRE-TV, told me about it. The Fair and Accurate Credit Transactions Act (FACTA) got a lot of press some months ago because it…
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