If you’re a businessperson, you should know that protecting personal and company data is paramount and that you must exercise extraordinary diligence when destroying old or unneeded data. Unfortunately, thieves have made big business out of identity theft. We all remember the TV ad where a thief rummages through your garbage, ready to steal your important paperwork and identity.Many regulations and laws outline how to protect valuable information. Federal and state laws like Sarbanes-Oxley, FACTA, HIPAA, and others have strict rules about the protection and disposal of stored or recorded media. They all stipulate that neither business nor individuals may dispose of anything that has, or relates to, private information, without first eliminating the data. In addition, most public, private and governmental entities demand that information like tax returns, information, military and governmental data, trade secrets, product formulas, software codes, etc. be protected. If you fail to comply with these laws and regulations, you could pay a heavy penalty to the tune of around $250,000 in fines.Degaussing: How It WorksErasing data through degaussing is one of the most secure ways to eliminate information on magnetic computer tapes and hard drives. Degaussing refers to when a magnetic field using an alternating […]

Full Article At: KnowHow-Now.com Articles

Bookmark to: