Things You May Not Know About Paper Shredding
Updated: Apr 5, 2021
You will be surprised to know that on average data breach amounts to $3.86 million globally?
Identity crimes or data breaches can tarnish your business reputation and may result in losing millions or billions of dollars.
It’s thus always better to shred your old personal or professional documents to save yourself, employees and customers from any damaging impact of data theft.
However, paper destruction is more than just using the office shredder and destroying confidential data.
Herein, we are sharing some things about paper shredding that you probably not know:
1. Paper trash can be a public property.
Yes, this is true. Once you have tossed up your stuff in the recycling or trash bin, it is technically considered public property.
This means that anyone can access your paper waste and take whatever they want.
This makes it very easy for burglars to go through your office garbage for any important records and they can make the wrong use of it.
2. It's a legal requirement.
It may sound a bit weird, but it’s totally right.
As per the Australian Government, businesses should discard old financial, legal and employee records with adequate care and safety.
Careless destroying of confidential information can put your business at risk and you may have to pay hefty fines on compromising the identity of your customers.
However, make sure your business has completed the minimum time frame for keeping certain documents.
For instance, Australian companies must keep ‘financial records for at least 7 years.
3. On-site shredding is better than off-site.
As compared to off-site, the onsite paper destruction process is much more beneficial and cost-effective.
In an off-site process, a paper shredding company collects document containers from your location and transports them to a facility for destruction.
While onsite shredding involves secure destruction of documents at your business site.
Reasons to choose on-site over off-site shredding are:
Fewer chances of mistakes
Low chances of a breach
4. Promotes a greener environment.
Every business, small or big, uses papers for making records, documentation, data management and more.
As a business owner, you should know the importance of shredding old and expired papers. It not only saves you from identity crimes but also promotes sustainability and a greener environment.
Every shredded paper is recycled to create products like tissues, napkins, newspaper, wrapping paper, etc.
Recycling paper helps to prevent greenhouse gas emissions, saves trees and reduces the need for landfills.
5. It’s not all about paper.
Shredding is not just all about destroying unwanted and old paperwork.
Other than paper, some of the items that you can shred are:
Hard disks and floppies
Credit or debit cards
Old passports and Ids
In the end…
In today’s digital age, many businesses are ignoring the importance of paper document security.
However, shredding is important to keep your business safe from identity thieves.
Looking for document destruction services in Perth? Dial 0458 088 000.