As a financial professional, you help manage a business’s economic engines, and your clients trust you with their most vital financial data. With open access to the financial underpinnings of your clients’ businesses, you can uncover insights that will lead them to financial stability and success.
Ultimately, your business’s success depends on providing service and performance built on a foundation of privacy, confidentiality, and information security.
Despite the importance of privacy, 21% of financial services companies admit they have suffered a data breach.1 While there is a heavy emphasis on digital security, little thought goes towards the thousands of confidential documents printed every year.
That’s where we come in. As experts in paper shredding and hard drive destruction, we know all about document management and workplace privacy.
Protect your firm. Get Shred-it.
1. 2020 DPR
Get A Quote
Recommended Information Security Services for Accountants
The Law Requires You to Protect Confidential Information!
Like most industries that work with private and confidential information, yours is heavily regulated and governed. And laws designed to protect identities, financial data, and personal privacy come with strict rules and strong fines. We can help you stay compliant.
In addition to industry regulations governing information privacy, here are a few of the key information security laws that also apply.
-
Fair and Accurate Credit Transactions Act (FACTA)
-
Sarbanes-Oxley Act
-
Gramm-Leach Bliley Act
-
Red Flag Rules
Fair and Accurate Credit Transactions Act (FACTA)
Ensures accuracy and privacy of consumers’ financial information and requires effective policies in the workplace to secure destruction of consumer information to prevent identity thefts and unauthorized access to the information.
Sarbanes-Oxley Act
Is an act set up for publicly traded companies to protect investors by improving the accuracy and reliability of corporate financial disclosures. The act also requires secure document retention and destruction – to better protect against corporate and accounting fraud.
Gramm-Leach Bliley Act
Protects the privacy of consumer information held by any business that provides financial products or services. It also ensures privacy protections against the sale of any private financial information. Violators can be fined up to $1,000,000.
Red Flag Rules
Requires dealerships and financial institutions to create a written identity theft prevention program to detect, prevent, and mitigate identity theft. The Federal Trade Commission aims for a program that can help businesses spot suspicious patterns and prevent the costly consequences of identity theft.
Fair and Accurate Credit Transactions Act (FACTA)
Ensures accuracy and privacy of consumers’ financial information and requires effective policies in the workplace to secure destruction of consumer information to prevent identity thefts and unauthorized access to the information.
Sarbanes-Oxley Act
Is an act set up for publicly traded companies to protect investors by improving the accuracy and reliability of corporate financial disclosures. The act also requires secure document retention and destruction – to better protect against corporate and accounting fraud.
Gramm-Leach Bliley Act
Protects the privacy of consumer information held by any business that provides financial products or services. It also ensures privacy protections against the sale of any private financial information. Violators can be fined up to $1,000,000.
Red Flag Rules
Requires dealerships and financial institutions to create a written identity theft prevention program to detect, prevent, and mitigate identity theft. The Federal Trade Commission aims for a program that can help businesses spot suspicious patterns and prevent the costly consequences of identity theft.
Recognize Data Security Threats in Your Organization
You collect some of the most sensitive, private, and confidential information there is. What happens to that information when it is no longer needed can become the source of an information breach.
If you create, collect, or dispose of these types of documents, you and your organization could be at-risk for an information breach.
- Payroll Income Statements
- Foreign Exchange Transactions
- Revenue Forecasts
- Financial Statements
- Balance Sheets
- Contracts Tax Filings and Internal Audits
- Valuation Analysis
- Development Plans
Why Choose Shred-it as Your Go-to Paper Shredding Service?
Shred-it protects organizations' information for their people, customers and brands through secure shredding. With 30 years of experience, our primary focus on document confidentiality and security helps ensure your confidential information remains confidential. We offer paper, hard drive, and specialty scheduled shredding services for all forms of secure records and important documents. As a leader in the secure data destruction industry, we’re ready for you to provide us with the sensitive documents that you need us to shred or purge.
Service Reliability
With the largest paper shredding fleet and the largest service footprint in North America, we are where you are.
Security Expertise
With the most NAID AAA certified mobile/on-site and plant-based shredder facilities, we keep your sensitive information safe.
Customer Experience
With the highest customer satisfaction among all vendors, we are 100% committed to your protection and satisfaction.
Vulnerable Businesses Risk Losing More than Just Money
73% of small business leaders and 94% of consumers surveyed are concerned about data breaches in the future.
Yet, only 60% say they are proactive when it comes to data and information protection leaving many businesses vulnerable.
1. Stericycle, Shred-it Data Protection Report, 2023.
The 2023 Data Protection Report reveals perceptions of the current regulatory landscape and barriers to compliance, as well as assesses the demand for assistance from external information security partners.
What People Are Saying
“I used to burn out my own office shredding machines and required hours of staff support. Third party service from Shred-it solved the problem.”
Eric Phillips, CPA
“Professionalism, prompt responses, polite personnel. Shred-it insists that service be done according to guidelines. Managing disposal of data is serious and should always be taken as so.”
Bowen Hunsaker & Co, CPA
“I like the set schedule of pick up dates the most. Drivers are always courteous and helpful.”
Riggs & Associates, CPAs, P.C.