A company that fails to comply with the FACTA law can end up with huge fines. Fines under State Law could go up to $1000, while the other penalty under Federal Law could be around $2500, for violation and non compliance for one single violation.
In addition, if a employee accuses an employer of identity theft, and his employer is found to be guilty of facilitating access to personnel information through poor document disposal techniques, chances are the lawsuit will be in the employee's favor.
FACTA law compliancy is not difficult to a achieve, you only need hire a professional document destruction company – Miracle Shred.
The HIPAA (Heath Insurance Portability and Accountability) laws affect almost every healthcare provider. It defines that the information in client files belongs to the client, not the practice and MUST be protected.
The HIPAA Privacy Rules require certain specific methods of handling the protected information of clients. Fine, penalties and possible jail time can be imposed for non-compliance.
Our customers will receive a Certificate of Destruction which is legal proof that your documents and/or media have been securely shred.