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Privacy Laws and Document Destruction Important for Financial Organizations

By Higher Information Group | Financial

The law includes information and regulations pertaining to how physical documents and electronic storage devices that contain confidential client information are both stored and destroyed.

The Proper Disposal of Information Matters Now More Than Ever

Properly shredding and destroying client records is just as important as securely storing it. This prevents sensitive documents from falling into the wrong hands, prevents financial organizations from breaches and ensures employees can operate at optimal levels while maintaining client trust.

When searching for a shredding service, consider the following questions:

  • Does the facility at which your documents will be shredded record access via key cards and video surveillance?
  • Can your shredding service provide certificates of destruction or videos of client documents being destroyed?
  • Is a mobile shredding service available to shred documents at your office?
  • Can the service handle the disposing of hard drives, flash drives, mobile phones, RAM or ROM-based storage and other devices?

If a shredding service cannot ensure the secure shredding and destruction of client documents and office devices, your financial office could be held legally liable. This could come with hefty fines and other disciplinary actions.

Don’t take chances. Protect client privacy and your financial organization by working with a shredding service that takes security seriously. Learn more, today.

Not ready to shred but need secure offsite storage? Higher Information Services can help with that too!

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