Queens Paper Shredding Service

Queens Paper Shredding Service

If you do business in Queens then you may be wondering if you should use a Queens paper shredding service. There are many benefits to outsourcing your secure document shredding needs. The main benefits are that you have the added security of professional shredders and that you may save significant amounts of money.

Security

There are many important reasons why a company’s documents need to be shredded. The most important reason is often reported in the media and that is the national problem of identity theft. Identity theft is a serious problem that affects millions of Americans every year. There are many different types and degrees of identity theft. In general, an identity theft occurs every time an individual’s personal information is used illegally. For example, if an individual’s social security number, bank account information or credit card information falls into the wrong hands then it can be used to steal money and harm the credit rating of that individual.

Shredding companies seek to minimize the risks associated with documenting personal information. It is necessary, during the regular course of business, for many companies to gather personal information about their customers. Banks and credit cards need a person’s social security number prior to lending money or opening accounts. Doctors need personal information prior to treating patients and gather personal medical information in the course of their work. A trustworthy New York paper shredding service can help these legitimate companies minimize the risks of gathering the information that is important to their work.

It’s the Law

There are many laws that require companies and businesses to safeguard the personal information they collect on their employees and individuals. There are over 40 federal laws that exist to protect people by requiring businesses to properly destroy personal information. The three main laws are: the Fair and Accurate Credit Transaction Act (FACTA) which applies to any individual or business that maintains personal consumer information; the Health Insurance Portability and Accountability Act (HIPAA) which protects personal health information and; the Gramm-Leach-Bliley Act (GLB) which requires financial institutions to protect confidential information.

Cost

Since it is both morally right and legally required for businesses to protect personal information, it is important that your business do so reliably and in a cost efficient way. You may think that hiring an outside business to shred your papers will be too costly. However, before you come to that conclusion you need to do an accurate cost analysis. To begin, you need to add up all the costs of doing the work in house. For example, how much is the hourly pay of the employees doing the shredding? How much are their hourly benefits? How much revenue are you losing for each hour that they could be producing work? If the answer to these questions adds up to more than the rate quoted by a shredding company then you should seriously consider outsourcing the work.

So, in order to maintain adequate security in accordance with the applicable laws and in a cost efficient manner you should consider seeking a professional Queens confidential document shredding service to manage your document destruction needs.