SEFCE
Recycling
Can reduce your office waste by as much as 70%. Saving
you money each month that you did not know was going
to waste.
GLB
(Gramm Leach Bliley) Gram Leach Bliley (GLB) is another federal
law with a much broader scope than HIPAA. This law was designed
to compel financial institutions to "respect the privacy
of its customers and to protect the security and confidentiality
of those customers' non-public personal information."
This language suggests that paper documents containing such
personal information should also be protected when in use
and safely destroyed when no longer current and usable.
FACTA The Fair and Accurate Credit Transactions Act of 2003
also known as the FACT Act was signed into law on December 4, 2003.
The Act amends the Fair Credit Reporting Act ("FCRA").
The Act contains a number of provisions intended to combat IDENTITY
THEFT and consumer fraud and related crimes. Specifically the act
requires the destruction of PAPERS CONTAINING CONSUMER INFORMATION.
Virtually every business or organization is bound by this law.
The
proposed DISPOSAL RULE Sec, 682.3 Proper disposal of consumer information.
(a)
Standard. Any person
who maintains or otherwise possesses consumer information, or
any compilation of consumer information, for a business purpose
must properly dispose of such information by taking reasonable
measures to protect against unauthorized access to or use of
the information in connection with its disposal.
(b)
Examples. Reasonable
measures to protect against unauthorized access to or use of
consumer information in connection with its disposal would include:
(1)
Implementing and
monitoring compliance with policies and procedures that require
the burning, pulverizing, or shredding of papers containing
consumer information so that the information cannot practicably
be read or reconstructed.