How Wiggins Shredding Can Help You With FACTA Compliance | Wiggins Shredding |

How Wiggins Shredding Can Help You With FACTA Compliance

As a high-capacity paper shredder in Bucks County, PA, Wiggins Shredding can help you protect your business’ and your clients’ private information.  In this month’s blog, we’re to cover some of the basics of FACTA, and how the team here at Wiggins Shredding can help you achieve full FACTA compliance.

What is FACTA?

Signed into law on December 4th, 2003, the Fair and Accurate Credit Transactions Act (or FACTA) is a piece of federal legislation with the goal of preventing and penalizing identity theft and consumer fraud. Administered by the Federal Trade Commission, the FACTA Disposal Rule has been effective since June 1st, 2005. The Disposal Rule establishes requirements for the proper disposal and destruction of documents, and recognizes the issues that can and often do arise when private information is disposed of in an insecure manner.

Is My Business Affected by FACTA?

FACTA applies to practically all businesses and persons in the United States, mandating that any individual who maintains or possesses any consumer information, as well as any compilation of consumer information, for a business-related purpose must dispose of such information by taking appropriate measures to guard against all unauthorized access to the information in connection with its disposal.

According to FACTA, consumer information is defined as any personal identifying materials that extend beyond just a person’s legal name, including:

  • social security number
  • phone number or e-mail address
  • driver’s license number
  • physical address

To be compliant with the FACTA Disposal Rule, individuals and businesses must take reasonable measures to ensure that such information never falls into the wrong hands. Reasonable measures include the shredding and pulverizing of paper documents, such as the contracting of a third-party engaged in the document destruction business.

The team at Wiggins Shredding is fully qualified to help your business destroy all files and documents that may contain private information as defined by FACTA, supplying you with an official “Certificate of Destruction” as proof for your records that the information was disposed of by a qualified third-party.

To get in touch with our paper shredding business in Bucks County, PA, don’t hesitate to get in touch with Wiggins Shredding today by calling 610-692-TEAR (8327).



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