Ten Reasons You Should Be Shredding

Many companies have numerous reasons that they destroy sensitive documents

. Here are the top ten reasons according to a recent survey.

1.You don't ever want your competition to find out information about the state of your company accounts. This is the kind of information that corporate spies can use to their advantage, especially in a potential takeover situation. Shred paper to avoid revealing private financial information.

2.Identity theft can absolutely destroy a company if it is not caught in time. The use of a confidential shredding service can fight that. Have your documents destroyed well before any identity thieves can ever get a look at them.

3.There are a lot of day to day documents which might contain parts of information that you don't even realize are contained therein. Account numbers with various service providers, credit card information, or contact names might all be revealed inadvertently through paper that is thrown in the trash. Shredding avoids that possibility.

4.Build confidence in your company with your clients. When they know that you have a solid shredding policy in place, they will be less concerned with releasing any private information to you.

5.Product development and research documents are extremely important to protect if you want to have any edge over your competition. Making sure that you shred any documents that could contain that information helps you to get the jump on your competitors.

6.Anytime you keep documents around that you don't need to, you are going to be incurring a cost for the storage and filing of those documents. You can actually save money by paying to shred documents regularly.

7.There are many industries which have laws that regulate the shredding of documents under certain situations. This is especially true if you have paperwork which contains any private information of your customers or clients.

8.If you sign any kind of non disclosure agreements with your clients, you are going to be mandated to shred many documents. By just having a blanket destruction policy, you avoid having to micro manage shredding on a minute basis.

9.In the medical industry, HIPPA states that all health care providers must have a written document destruction policy. This usually requires that a provider be hired to take care of all document destruction.

10.When you are hiring employees, it is common practice to do background and credit checks on those employees. The information that is received from those events is considered the private information of your employees, which means that you are obligated by the law to destroy those documents.

by: Paul McDuffy

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