There are three main regulations that different types of businesses may be required to follow or face legal and financial penalties:
Fair and Accurate Credit Transition Act (FACTA) – Businesses that handle customer information or transactions are required to protect their information from identity theft by destroying personal information at appropriate times.
Health Insurance Portability and Accountability Act (HIPPA) – This law safeguards personal health information and applies to any entity that handles medical records or other patient data.
Sarbanes-Oxley – This regulation governs the destruction of business information that cannot be used in audits or investigations. To be compliant, companies must have a system for identifying and destroying such documents on a regular schedule.
E-Scrap’s off-site certified electronics recycling services help companies comply with each of these regulations and maintain the privacy of their employees and customers. All electronics are destroyed by hand and ensure that data recovery is impossible, while our strict chain-of-custody maintains confidentiality every step of the way.Contact us to learn how E-Scrap can help your business or agency safeguard its information.