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Shredding Services > Shredding Laws for the Medical Industry - HIPAA
Health Insurance Portability and Accountability Act
To create a national standard for protecting the privacy of patients' personal health information.
HIPAA calls for CIVIL and CRIMINAL penalties for privacy and security violations.
Identity Theft
#1 According to the FTC and the Better Business Bureau, approximately 9.3 million adults have been victimized by some form of identity theft annually.
#2 The Better Business Bureau reports that Identity Theft is more prevalent offline with paper than online.
#3 The Better Business Bureau estimates that over 80% of all identity theft comes from unsecured paper records. Less than 5% from online transactions.
#4 Along with federal and state fines, you can be sued by all parties injured as a result of identity theft. Each case typically results in a business paying out well over $150,000.