Protecting Identity with Document Destruction in New York

According to experts,document destruction in New York is one of the most important steps to prevent identity theft. There are a multitude of sensitive business documents, such as financial information, trade secrets, employee lists and payroll information, and customer lists that can be used by criminals to compromise the security of a business. Further business must safeguard the personal identifiable information of their customers, such as social security numbers, dates of birth, and credit card information. Using a professional document destruction company can assure the job is done thoroughly and avoids the inconvenience of in-house removal.

Businesses and organizations in New York must be extra vigilant to protect data covered under the recently passed New York Social Security Number Protection Law, and federal regulations under HIPAA, FACTA and the Gramm-Leach-Bliley Act’s Privacy and Safeguard Rules.

Identity thieves can use information from important papers, cancelled checks and old invoices to apply for new credit cards using the name of the business or the consumer. It is as simple as going through the trash and finding the information By using the company or consumer name and the critical information, criminals apply for credit. And that is why it is vital to have documents destroyed in New York professionally. And when it comes to the theft of consumer information, the company can be liable for significant civil, and in some cases, criminal penalties.In addition to these monetary losses, a businesses reputation may be tarnished

Statistics and concern about identity theft and security is so high, that the FTC issued the Fair and Accurate Credit Transaction Act (FACTA) in 2005. FACTA is a law to protect consumers and businesses from fraud and identity theft by requiring destruction of consumer information before it is disposed. FACTA is enforced, and professional document destruction companies in NY comply with this law.

There are many records management companies in New York today. These companies provide a secure and cost effective method of document destruction in New York through ShredSense.

Grace Enderlein is a freelance writer and editor. “Protecting Identity with Document Destruction in New York” notes the risks involved with not using a professional document destruction company such as Retrievex.com.