Besides ID Theft – What Are the Dangers of Not Shredding?

For companies and individuals alike, the dangers of data loss and ID theft continue to grow. While most of us think about ID theft when it comes to shredding confidential personal and business documents, there are other key reasons to shred that you may not be aware of. Take a look:

Theft of Intellectual Property

Whether marketing strategies, upcoming company mergers, acquisitions or product design, intellectual company property is highly confidential and the loss of this type of information can be catastrophic for a business. Secure mobile shredding ensures that your confidential company documents are permanently destroyed and cannot be breached.

Violations & Fines for Failure to Comply with Mandates

Healthcare organizations, legal firms, financial advisors and other industries have specific guidelines that must be followed to ensure compliance. All businesses, no matter what size or industry they are in, must adhere to OSHA mandates and privacy laws to protect customers, vendors and staff. Businesses must follow requirements for document storage, retention and destruction to remain compliant and avoid fines and violations.

Legal Consequences

A breach of information can bring legal issues to any organization, whether or not they were at fault for the theft. Companies protect themselves by ensuring they are regularly shredding confidential patient, customer, vendor and personnel paperwork.

Damage to Reputation

News of data losses spreads rapidly and can lead to damage to a company’s reputation. Businesses work to build a reputation of credibility and trust with their clients, within the industry and with the public. When theft occurs, it can hurt a company’s reputation and lead to financial losses.

Regular shredding, whether business or personal documents, is the key way to protect yourself and your business. Beyond ID theft, many of the issues discussed above can be avoided by partnering with a trusted mobile shredding and destruction provider.

All Points Mobile Shredding is a family-owned and operated company located in Stuart, Florida. We have been proudly serving South Florida business and residential customers since 1994 and offer full service shredding and destruction of everything from documents, files and paperwork, to hard drives, devices, products, apparel and more. Give us a call today or complete the form on this page to learn more.