Information larceny is one of the important matters a lot of people have failed to be cautious about. They feel that a mere ripping and shredding of their documents is enough to ensure their security. Businesses and individuals have been proven wrong through time, and have been victims of economic espionage and identity theft. In this regard, the United States of America has created the FACTA Disposal Rule, a law designed to reduce the risk of consumer fraud caused by the improper disposal of consumer information. This law includes various provisions on document disposal and destruction. The FACTA Disposal Rule Enacted on June 1, 2005, the FACTA Disposal Rule orders every citizen to take reasonable measures to protect themselves from unauthorized access to or use of information they possess. The measures include burning, pulverizing, or shredding of physical documents, erasure or destruction of all electronic media, and entering a contract with a third party engaged in the business of information destruction. The Importance of Document Shredding for Businesses and Private Individuals Economic espionage and identity theft are the two biggest risks of not shredding your documents. Economic or corporate espionage is when information is stolen from a company and used for the advantage of another. The leakage of top secret or confidential information from any company may lead to the businesses’ downfall and ruin. Identity theft on the other hand, is when an individual steals financial information from someone then poses as that person siphon funds. Utilizing Document Destruction in Los Angeles, CA Progressively, businesses have turned to document destruction, a security solution which has long been used by government agencies. The document destruction Los Angeles follows is one that conforms to the strict regulations of the US government. The regulations specifically apply to all companies which possess consumer information, such as banks, lenders, insurers, auto dealers, employers, and service and information management companies. The process of document destruction Los Angeles companies offer adheres to specific procedures based on your requirements. But if you do not have a well-designed plan of action, then your document destruction service provider will be there to assist you. It will classify documents and schedule when these will be destroyed, depending on your business type and company policies. The kind of document destruction Los Angeles provides you will ensure your company’s safety. They are staffed with professionals who observe strict procedures, and they run through a series of checks and approvals based on your written permission. You are assured that your documents are well disposed of, and that your company is secure from any future trouble.
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