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The Law Are You Compliant? The increase in identity theft crime has caused the enactment of various laws. California is one of the leaders in consumer protection when it comes to identity theft. It's important that you understand what type of risk your company may be in should your company not adhere to the intent of the law. Below are some links that may assist you in your assessment. HIPPA Health Insurance Portability and Accountability Act (HIPPA), was enacted in 1996 and includes provisions intended to safeguard the privacy of patient health records. HIPPA is a significant piece of legislation with onerous penalties. HIPPA specifies shredding as a recommended form of document disposal. HIPAA http://www.hhs.gov/ocr/privacysummary.rtf (See page 14 of this document in regards to shredding information.) Penalties for HIPAA violations: http://www.utmb.edu/compliance/hipaa/hipaa-overview.htm#penalties American Medical Association http://www.ama-assn.org/ama/pub/category/11805.html Health and Human Services http://www.hhs.gov/ocr/privacysummary.rtf GLB Gramm Leach Bliley (GLB) is another federal law with much broader scope than HIPPA. The broad standards outlined in this law were designed to compel financial institutions to respect the privacy of its customers and to protect the security and confidentiality of those customers non-public personal information GLB (Gramm Leach Bliley) Senate Banking Committee Report http://www.ftc.gov/privacy/privacyinitiatives/glbact.html FACTA The Fair and Accurate Credit Transactions Act of 2003 also known as the FACTA Act was signed into law December 4, 2003. The Act contains a number of provisions intended to combat consumer fraud and related crimes, including identity theft. Federal Trade Commission Report http://www.ftc.gov/privacy/glbact FACTA (Fair and Accurate Credit Transactions Act) National Consumer Law Center http://www.consumerlaw.org/issues/credit_reporting/nclc_analysis.shtml Documents containing the following personal information should be destroyed:
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