Business Owners Why Shed!

It’s the Law! 

Safe guarding the privacy of your clients, patients or employee’s medical, financial and other personal information is your responsibility.  It’s critically important to meet the stringent requirements of HIPAA, GLB and other government privacy regulations. You or an employee invader could violate these regulations.

If this happens your business could be severely fined up to $25,000 for each incident.

All it takes is one complaint or one routine visit by a presiding government agency.  If there are any discrepancies about how you dispose of documents containing confidential information you could be in trouble.

Here are some recent "horror" stories direct from actual court cases.

•  On June 30,2005, the OCC fined First horizon Home Loan Corp. Of Irving Texas, $180,000 for failure to properly secure customers nonpublic personal information.

•  Choice Point, a data management company, had a massive security breach in which a lot of personal information was incidentally sold by the company to an apparent group of Criminals.  They used that information to perpetrate identity theft.  Choice point has agreed to a $15,000,000 fine, $10 million to the FTC, and $5 million to a fund to repay victims.