Established in 2003 to protect customers from identity fraud, The Fair and Accurate Credit Transactions Act (FACTA) consists of regulations by which relevant businesses must abide. Among these are auto dealerships, which have access to highly sensitive financial and personal data that could lead to identity theft if not properly handled. Relevant Laws There are a…

The Health Insurance Portability and Accountability Act (HIPAA), a list of standards for organizations and businesses to protect patient files and other medical records, was created in 1996 in the interest of preserving patient privacy. These standards require that sensitive information is “rendered essentially unreadable, indecipherable, and otherwise cannot be reconstructed” after they are no…

Being right in the thick of tax season, it’s important to make sure your work is compliant with IRS guidelines. Proper document destruction is essential to guarding your clients from identity theft and you from a lawsuit, so make sure you’re following all the proper guidelines this tax season.