Organizations need to safeguard documents that contain confidential information about their employees, policies, investors, and customers. Confidential documents, should they fall into the wrong hands, can send businesses into a downward spiral due to the loss of investor and customer confidence, and even litigation. In fact, an estimated $100 billion is lost every year as a result of information theft.
Confidential information can remain secure in two ways: storage and shredding services. Storage involves storing paper documents into file cabinets, bookshelves, or vaults within the company's facility so that they are protected from thieves. Shredding, on the other hand, ensures the thorough destruction of documents. If given the chance between the two, opt for document shredding in Los Angeles that guarantees a thorough job.
Document shredding renders documents obsolete and is thus considered an effective deterrent against information misuse. Information misuse has become such a rampant problem that the federal government has deemed it necessary to pass legislation that will ensure the confidentiality of individuals and businesses. These laws are the Health Insurance Portability and Accessibility Act (HIPPA), the Gramm-Leach-Bliley Act (GLBA), and the Fair and Accurate Credit Transaction Act (FACTA).
Document shredding services are very much in demand in the city of Los Angeles. Los Angeles is a center for manufacturing, entertainment, technology, fashion, and tourism. Hundreds of businesses operate in the city together with their competitors. Simply put, any misplaced document could end up in the hands of competitors who could use it to their advantage.
Los Angeles document shredding services come in two kinds: offsite and on-site shredding. On-site shredding is carried out within the company’s own premises. To process huge volumes of documents, document destruction providers typically bring huge and heavy-duty shredding equipment. Off-site shredding, on the other hand, is conducted away from the business premises. Clients will then receive a certification once the documents have been destroyed completely.
Information security and confidentiality are two key aspects that businesses cannot afford to take for granted. Find out how storage and document destruction services can benefit your business. Log on to BBT.com for more information on this topic.
Importance of Document Shredding Services in Confidentiality