It is evident that documents containing critical business information and client data, if left exposed beyond their usage, can lead to identity theft and malicious attacks on an organization. While enterprises unintentionally keep dragging the records that are no longer needed, it can cost them a lot. Shredding documents as per the standards, however, is an act of prudence. Not only shredding sensitive documents is a mandatory practice for many businesses,
In this post, you will get to know the most crucial reasons as to why documenting shredding should be a regular enterprise practice and the proper way to carry it out.
Let us get started!
Simply Save Time!
Different departments shuffle through tons of paperwork every day in an average-sized business. Storing the important ones in a secure storage is crucial as is discarding the expired ones. However, discarding the expired documents can eat up a lot of time and you’ll have to dedicate a few resources to look after the same. Shredding simply takes away the pain and fastens this process. You can literally hire a Records Shredding Service provider and get the job done with peace of mind.
Shredding is Compliance
Businesses are accountable for any leak/theft or unwanted exposure of the data of their customers/clients. Thus, regulations spanning across the geographies have their own version of the Data Protection Act. Shredding of the documents, hence, is not just a decluttering task but also compliance. Enterprises must ensure regular shredding of the documents to protect the interests & privacy of their clients and customers.
Save Yourself from Identity Theft
Incidents of identity theft have become all too common. Personal information of the personnel, business stakeholders, customers, and partners is highly sensitive. If it gets exposed in the hands of elements with malicious intents, a lot of damage can be caused. From financial frauds to ransom attacks and misuse of the identity to carry out crimes, Identity theft is something that every enterprise must take seriously. Scheduled document shredding will keep your personal information and mission critical information from falling into the wrong hands.
Not to mentions, one bonus advantage of maintaining a record retention schedule and shredding the sensitive records on time is a clutter-free workspace. Not only you will save a lot of valuable storage space, your employees will appreciate and enjoy a workplace free of paper chaos! Also, with a neat workplace comes the boon of productivity. Saving your teams’ precious time by not letting them fumbling through loads of paperwork is the way to go. A simple operation like Document shredding can give you multiple benefits that add up to tangible returns.
Mitigate Espionage Risk
All business competitors are not fair or ethical; some of them surely fall in the bracket of ‘Shrewd.’ Corporate espionage is a sad and damaging reality of the corporate world. Your company might be working on that confidential project, securing another round of funding, or anticipating a big acquisition or merger. And, some unwanted elements would bet big bucks for insider information like that. Primary information leaks begin from carelessly discarded documents. Shredding them regularly will potentially save you from huge costs associated with espionages.
Wear the Badge of ‘Eco-Friendly’
Did you know that recycling bags of shredded paper is much easier than just piled up loads of them? Shredding documents ensures a small contribution towards saving our precious environment because it can be easily recycled. Once reduced to mere threads of paper, the recycling company can take them and make good use of your discarded documents, ultimately saving trees.
There are many other minute benefits with huge value that come with this mandatory and business-friendly activity. Start shredding your expired documents today and experience the boost in your overall enterprise productivity!