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Is Your Business Safe Enough? What You Need to Know About Security

August 25, 2021

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Is Your Business Safe Enough? What You Need to Know About Security

Is Your Business Safe Enough? What You Need to Know About Security. In 2020 47% of Americans experienced financial identity theft, those losses came in at $712 billion. This is up 42% over the previous 2019 year. According to the Aite Group “the huge increase was fueled by the high rate of unemployment identity theft during the pandemic, as increased and extended unemployment benefits made the sector an attractive target for fraudsters.”

In the modern world, there is no such thing as too much security. That is why document shredding is important for any business that handles sensitive information. Sensitive documents are a major target for identity thieves and hackers, which can lead to serious consequences for your business.

It’s hard to know where to start when it comes to protecting your sensitive data. Here are some ways you can create a more secure business:

1. Follow best practices on how to destroy documents

Some of the best practices include, removing the documents you no longer need. Every month most businesses send and receive enormous amounts of documents whether electronically or in paper form. These items can include, invoices, bank statements, receipts, and much more.

It is a good practice to go through these as they come in and identify documents for destruction. Do not throw sensitive papers in a bin to be looked at later, or to be destroyed later. Place these items in a secure, locked computer, cabinet, or shredding console provided by your shredding company.

2. Use encryption and other security measures

When it comes to data and network security, there several simple steps you can instill that will make your business more secure.

3. Get rid of unnecessary devices

You should never stockpile old computers, workstations, laptops, hard drives, or thumb drives. There is a greater chance for security breaches. Especially, if these are just left in a storage room or file cabinet.

The chances that these will be more useful, than dangerous, are slim, and in the long run it will be more cost efficient to have your old equipment destroyed by shredding it and buying new when needing it.

Imagine the cost of a security breach for your companies, employees, or clients’ records.  

One of the most cost-efficient things you can do for your company is to hire a shredding service on a reoccurring schedule. With Healthcare Waste Management, we will learn about your business and the documents produced (electronic and paper), determine the legal requirements of said documents, and then make a shredding scheduled that makes sense for your business needs.

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