Operating and managing a bank successfully requires endless procedures and accountabilities that must be in place. Specifically, one of the most valuable services a financial institution can offer is the ability to protect customer privacy and confidential information. Secure shredding of sensitive documents is a vital part of maintaining privacy, especially those dealing with large amounts of financial data, like Banks and other financial institutions. In fact, it is a legal requirement that all financial records are shred to an irreversible state once no longer required.

Due to the volume and nature of financial documents, shredding in-house isn’t feasible or secure. Your best solution? Turn to professional document shredding. Selecting an ongoing on-site shredding service ensures document security isn’t brushed aside mistakenly and instead remains a top priority for your bank, insurance brokerage, investment firm, and any other financial organization. Failing to protect this data through secure storage or shredding, could lead to exposure, leaving your clients vulnerable.

Financial Data is Extremely Confidential

Financial information is particularly sensitive and requires careful management to prevent the risk of an expensive data breach. When you consider how dangerous stolen credit card numbers, bank account information, and social security numbers can be, it’s imperative customers willfully trust you to keep these details secure at all times.

As such, if you haven’t already, your business should implement a policy that communicates the process in how to protect this vital information. In doing so, you’ll ensure your employees are aware of what is expected of them and you will be adhering to applicable privacy regulations.

Surprisingly this doesn’t have to be a difficult or time-consuming process for your financial institution. Introducing a document shredding policy is the easiest way to manage financial records in a timely and efficient manner. Simply dispose of these records in a lockable bin, and once at capacity, your professional shredding provider will handle the rest so you can focus your time and energy on important business matters. The SAFESHRED team will keep your financial data protected from the moment we collect your files, until the destruction process.

Information theft continues to be an increasing concern and could be threatening to the reputation you’ve worked hard to establish. Be sure you are taking the steps needed are storing data when necessary and securely shredding those records that require protection. With the help of a reliable shredding company, together we can keep your financial data safe.

Compliance with Privacy Legislation is Vital

As a financial institution, you are mandated to follow critical legislation regarding the status of financial documents. Banks and other financial businesses are governed by laws such as Gramm-Leach-Bailey Act (GLBA) and the Fair and Accurate Credit Transaction Act (FACTA) to ensure the safety of customer data. Failure to meet these requirements can lead to considerable consequences.

Below are just some of the critical laws that may directly impact your financial institution:

  • FACTA – The Fair and Accurate Credit Transaction Act, including the Red Flags Rule
  • The FTC Disposal Rule
  • Gramm-Leach-Bliley (GLB)
  • US Patriot Act
  • Federal Trade Commission Act
  • Sarbanes Oxley Act
  • Electronic Espionage Act

Why Choose SAFESHRED for Your Document Shredding Needs?

  • We are Qualified
  • We make Document Shredding Convenient
  • We provide Destruction Services for Your Hard Drives too

At SAFESHRED, we will provide your financial institution with peace of mind through quality shredding services that are backed by experienced specialists. Don’t sacrifice customer trust and damage your reputation.

When you partner with our team you are working with NAID Certified Specialists who practice the highest industry standards in security measures. Prevent the risk of a data breach, maintain customer loyalty and keep financial data protected.

Reach out to learn more; we’d love to hear from you.

read more

It’s no word of a lie that many hard drives are obsolete these days. Often, these boxy contraptions serve as nothing more than dust collectors in your basement.

As we draw closer and closer to spring, people often begin clearing out the clutter in their homes as a form of spring cleaning. Old clothes get thrown in a donation bag, antiquated items and broken pieces get thrown in a garbage bag. But what to do about your old hard drives?

Firstly, don’t throw them out. Hard drives don’t have all their data wiped, despite your best efforts at deletion. Even if you’ve deleted all your data, they can still contain information, putting your identity or your security at risk.

Here’s where hard drive destruction comes in. At Safeshred, we offer hard drive destruction services, where we take your hard drives and crush them up into tiny fragments so that data can’t possibly be retrieved. As you may know, we are well known for our document destruction services, but we decided to take a more in-depth look into hard drive destruction in this blog for those who are unfamiliar with the process.

How Does The Process Work?

We like to make sure the process is easy and stress-free. You can choose how you want us to receive your hard drives. Whether you want us to pick up your products or drop them off, we will accommodate you.

For those who are working from home, we also offer residential services to homeowners who have hard drives they are looking to eliminate. We will arrive at your home or business in our mobile shred trucks to destroy your hard drives. You can even watch the process as your hard drives are shredded into tiny pieces.

Alternatively, if you want to drop off your hard drives at our business, you can feel free to do so and watch the process as well.

Regardless of what method you choose, you can rely on us to get the job done quickly and efficiently. You can even feel free to watch as your hard drives are shredded into thousands of tiny fragments. As always, we offer a Certificate of Destruction upon completion.

Is It Safe?

By using Safeshred, you not only acquire the peace of mind that your important information items are destroyed but also know that the remaining items will only be used for recycling purposes. Additionally, your confidentiality is our top priority, so you can rest assured that only our trained professionals will be handling your confidential information.

Why Choose Safeshred for Hard Drive Destruction?

Safeshred has been servicing Los Angeles and surrounding areas for over twenty years. We have helped hundreds of businesses have peace of mind by offering them secure and versatile document shredding services.

We offer reliable, high-security services in the process of document shredding. We have served clients from government agencies, medical, entertainment, legal, and hi-tech industries, and many more.

To find out more about our hard drive destruction services, give us a call at 1-800-987-4733 or send us a message online.

read more
Live chat by BoldChat