Legislation
Key Insight Into Document Legislation in Chicago and the Surrounding Suburbs
Ensuring sensitive information is disposed of properly is crucial for businesses and individuals. Document legislation in the Chicagoland area establishes clear regulations to protect parties from risks associated with improperly discarded materials. Cutting Edge Document Destruction emphasizes strict compliance with these laws to safeguard privacy and confidentiality. By following these standards, companies maintain trust and avoid any potential fallout from leaked information. From data destruction procedures to privacy measures, these protections create a framework promoting security and ethical responsibility.
Fair and Accurate Credit Transaction Act (FACTA)
The FTC enacted the FACTA (Fact Act) to protect consumers against the mishandling of consumer information by any person or business. This regulation mandates that any person or business that gathers consumer data must carefully and accurately destroy that information. It also mandates that if a person or business cannot accurately and carefully destroy that information, it must contract the services of a business that can. The National Association for Information Destruction (NAID) is a non-profit trade group comprised of document destruction firms dedicated to upholding the standards of FACTA. Find out more.
Health Insurance Portability & Accountability Act (HIPAA)
HIPAA was enacted in 1996 and the mandatory compliance date is April 14, 2003. All hospitals, doctors, pharmacies, health plans, medical billing companies and any other business entity involved in the healthcare industry must comply. The rules apply to all protected health information. The Standard for Privacy of Identifiable Health Information requires that covered entities put in place administrative, technical and physical safeguards to protect the privacy of protected health information. One example given of a safeguard for the proper disposal of paper documents containing protected health information is that the documents be shredded prior to disposal. Find out more.
Gramm-Leach-Bliley Act (1999) Financial Services Modernization Act
This Federal legislation went into effect in 2000, the privacy provisions in the law require that financial institutions and insurance companies give consumers prior notice of an intention to share personal information and a chance to opt out of sharing of such information. The law states that these institutions and companies need to “respect the privacy of its customers and to protect the security and confidentiality of those customers’ non-public information.” The language suggest that paper documents containing such personal information should also be protected and safely destroyed. Find out more.
Additional Acts and Rulings
This law was established in 1974 to ensure that government agencies protect the privacy of individuals and businesses with regard to information held by them and to hold these agencies liable for any information released without proper authorization.
The US Supreme Court ruled in 1988 that any item placed in the trash is considered public information.
Your Privacy, Our Priority
Protecting sensitive information is vital in today’s world. Cutting Edge Document Destruction fully understands the complexities of document legislation and strictly follows all laws to ensure your data is handled safely and responsibly. Our team is here to guide you through compliant and effective disposal practices tailored to your needs. Don’t leave your security to chance. Contact us today to learn how we can help keep your information safe and business compliant. Together, we can take the right steps toward a safer and more secure future.
