All businesses have occasion to discard confidential data. Customer lists, price lists, sales statistics, drafts of bids and correspondence, and even memos, contain information about business activity which would interest any competitor. Every business is also entrusted with information that must be kept private. Employees and customers have the legal right to have this data protected.
Without the proper safeguards, information can end up in the dumpster or recycling bin where it is readily, and legally, available to anybody. The trash is considered by business espionage professionals as the single most available source of competitive and private information from the average business. Any establishment that discards private and proprietary data without the benefit of destruction, exposes itself to the risk of criminal and civil prosecution, as well as the costly loss of business.
Protect your business and your customers by properly shredding and discarding sensitive information. Also, store needed documents that have personal information in locked, secure areas. Feeling overwhelmed? Your local listings can provide you with companies in the business of shredding and storing old documents.
Brad Harmon is the President at a leading financing company, First Star Capital (http://www.firststarcapital.com/ ). Brad is a frequent contributor to online publications and newsletters, and is the author of this blog on commercial financing topics.
First Star Capital is a commercial lender with a specialty focus in equipment financing and leasing. Our clients include businesses from a range of industries throughout the country. We are dedicated to timely actions and the ultimate success of our customers. First Star values your business and will go above and beyond the call of duty to exceed expectations. For more information go to www.firststarcapital.com.
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