Why the Gramm-Leach-Bliley Act Matters for Your Business In the complex world of business regulations, the Gramm-Leach-Bliley Act (GLBA) stands as a crucial legislative measure, particularly for businesses handling financial information. Enacted in 1999, the GLBA, also known as the Financial Services Modernization Act, primarily aimed to remove barriers in the market among banking companies, …
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The Gramm Leach Bliley Act and Your Business
The Gramm-Leach-Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, is a pivotal piece of legislation that significantly impacts the financial industry in the United States. This Act is vital for businesses in the financial sector for several reasons, and understanding its implications is key to maintaining legal compliance and protecting …
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GLBA Compliance: Secure Document Destruction with Mobile Shredding Services
For financial institutions, safeguarding customer financial information is a top priority. The Gramm-Leach-Bliley Act (GLBA) was enacted to ensure the privacy and security of consumers’ personal financial information. One key aspect of GLBA compliance is the secure disposal of documents containing sensitive data. In this blog post, we’ll explore why GLBA document destruction is essential …
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Data and Paper Destruction Laws
Data and paper destruction is a critical aspect of safeguarding sensitive information in the digital age. As a business owner, staying compliant with relevant laws is crucial. Here are some important laws related to the importance of data and paper destruction: 1. HIPAA (Health Insurance Portability and Accountability Act) 2. GLBA (Gramm-Leach-Bliley Act) 3. FACTA …
What Businesses want to know about Document Destruction
Businesses that utilize document destruction services typically want to know various aspects of the document destruction business to ensure their sensitive information is properly handled. Here are some key areas of interest for businesses in this industry: By addressing these key areas of interest, document destruction service providers can effectively communicate their capabilities, instill confidence …
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Why It Can Be Against The Law If You Don’t Destroy Your Documents Correctly
Safely destroying your sensitive documents will help prevent lawsuits, give you peace of mind, and protect your identity. But did you know that if you don’t do it in certain circumstances you would be breaking the law? Circumstances Where Document Destruction and Retention is Required by Law Medical In 1996 the federal government passed the …
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Shredded Documents Are Not Safe Enough!
Shredding documents is not enough! It has to be turned to mulch! Did you know that you could buy software for $50 that you can scan shredded documents to put them back in order? Shredding documents is not enough they need to be reduced to a pulp which Country Mile Document Destruction does on-site and …