Why should I shred? There are many reasons why a business should shred. The first answer I normally hear is "its the law." While it is true that privacy laws including HIPAA (the Health Insurance Portability and Accountability Act) and FACTA (the Fair and Accurate Credit Transaction Act) require businesses to properly dispose of customer information that is only part of the story.Information disposed of in the trash is no longer considered protected by the Espionage Act. Simply put, if you throw your customer lists away, you can expect no legal protection if they end up at your competitors.What should I shred? It is easy to track official business records. They are accounted for and shredded on a schedule. But what about all the paper in the office or the records that employees keep in their desks. These daily business records are rarely accounted for but are often the most damaging to your company during litigations.
What criteria should I use?
Action Steps
The best contacts and resources to help you get it done
Buy a Shredder
When most people think of shredding they imagine the cheap home shredder available at the local office supply store. They are cheap for a reason. Everything else about them is very expensive. Their slow speed and continuous maintenance lead most offices to quickly abandon them. Advantages. If you have office staff with extra time the only cost is the price of the shredder. The paper never leaves the custody of your employees. Disadvantages. Even with a big shredder this is a tedious job that is often times ignored until the pile overwhelms the shredder. You need to keep a record of all shredding activity so you have documentation for FACTA and HIPAA compliance. Shredders do require maintenance and you must dispose of the shredded paper.I recommend: Paper Shredders
Mobile Shredding Service
If you took an industrial shredder and mounted it inside of a truck you would have a mobile shredder. These monsters chew up 2,000 pounds of paper an hour. A mobile shredding service will place locked bins inside your office and then empty them on a schedule. Since they bring the shredder to you, you can witness the shredding. Advantages. You can witness the shredding for your own piece of mind. It takes a few minutes to shred what an office shredder would take hours to do. The service provides the documentation for compliance records Disadvantages. These services are designed for medium and large offices and can be too expensive for small offices.I recommend: Mobile Shredding Service
Off-Site Shredding Service
The biggest of all the shredders are located in "shredding plants." They can eat through 20,000 pounds of paper an hour. Like a mobile shredding service, locked bins are placed in your location but the contents are taken back to the plant and shredded. Advantages. Since these shredders are so efficient this is the lowest cost alternative for bulk shredding. The service provides the documentation for legal compliance. Disadvantages. This service is designed for large offices and can be too expensive for small offices. Unless you follow the truck to the plant you can not witness the shredding.I recommend: Offsite Shredding
Express Destruction
A hybrid of plant based shredding, Express Destruction uses FedEx to transport the material from your office to the shredding plant. Advantages. The price is similar to plant based shredding but for smaller volumes of material. Employees aren't burdened with the shredding and you receive documentation for legal compliance. Disadvantages. This service is designed for smaller offices and is not a good solution for more than ten boxes of material. You cannot witness the shredding.I recommend: Express Destruction
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