In today’s day and age, every business accumulates personal & sensitive information. Ever wondered why it’s so important to shred important business & personal documents? Here are our top five reasons:
- Prevent identity theft
More than two thirds of small businesses – 65.2% – store at least some of their receipts/invoices/personal information, in boxes or files, while more than a quarter – 28.9% – manually store all receipts/invoices. In order to protect your employees, your customers, and your business, it’s essential that you shred documents when they’re no longer needed. When these documents are still in your possession, it’s important that you store them in a safe and protected location.
- Protect your customers
It is imperative that you do everything you can to protect your customers’ identities. Even though you shouldn’t be writing down credit card information, if you do, it’s important that you shred this information right away. The same goes for any documents that have personal customer information on it.
- It’s the law
On Wednesday March 12, 2014 the Office of the Australian Information Commissioner (OAIC) implemented the Privacy Amendment Act 2012 (No. 197, 2012) which includes a set of new, harmonised privacy principles that will regulate the handling of personal information. Penalties can be severe for businesses that fail to comply with these regulations. You have a duty to protect your customers’ personal and secure information, and if you don’t, you’re at risk of receiving fines for mishandling customer information.
- Protect your employees
Employees have a legal right to privacy, and they expect that you will keep their personal information safe. Voided checks, old pay stubs, time cards, health records and copies of photo IDs need to be discarded in the correct way and not disposed of in the trash. If you’re throwing them in the trash can, you’re not doing everything you can to ensure that your employees’ privacy and identity are protected. Shredding these documents is a better alternative to just throwing them away.
- You’ll save space
Do you have filing cabinets and boxes filled with old, un-used papers? Not only does shredding your paper help you to save space, it can also help you to save money. Space that was once used to store paper, archive boxes and documents can now be used to expand the space of your business. Shredding documents also lessens the impact the company has on the environment by allowing the paper to be recycled and used again.So what CAN Limitless Recycling destruct/ recycle?
- Tax returns
- Photo IDs
- Bank statements
- Voided checks
- Employee pay stubs
- Credit card information
- Copies of sales receipts
- Documents containing sensitive information such as name, address, phone number or email
Limitless Recycling also issue a Certificate of Destruction upon completion of every job. This certificate confirms that your materials have been destroyed to industry standards.
ANY paper that YOU need to be destroyed… Limitless Recycling can help you out… at Limitless Recycling- “the possibilities… ENDLESS”
For more information about our recycling services, or any other waste management services we offer, please contact us directly and a member of our friendly team will be able to assist 1300 954 576.