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FACTA Disposal Rule Goes Into Effect June 1st; Businesses Need to Prepare to Destroy Discarded Employee Records.


ITASCA I·tas·ca  

A lake of northwest Minnesota. It was identified in 1832 as the source of the Mississippi River.
, Ill. -- June is quickly approaching, and the "Proper Disposal of Consumer Report Information and Records" provision of the Fair and Accurate Credit Transactions Act Under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act or FACTA, Pub.L. 108-159) which was passed by the United States Congress on December 4 2003 as an amendment to the Fair Credit Reporting Act, consumers can request and obtain a free credit report  (FACTA FACTA Fair and Accurate Credit Transactions Act of 2003 ) will go into effect immediately. The provision requires businesses - even those that employ just one person - to properly dispose of a consumer report or any record derived from one. This includes data pulled from credit reports and credit scores.

Nearly 10 million people last year were victims of identity theft, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Federal Trade Commission. With these crimes showing no signs of weakening, FACTA is among many recent laws focused on protecting consumer and company privacy.

The FTC FTC

See Federal Trade Commission (FTC).
, according to the provision, generally recommends destroying or shredding records containing consumer information. Depending upon the volume of personal records, this method of destruction can be accomplished easily with the purchase of a shredder.

Fellowes, Inc., leading manufacturer of shredders for home and office use, offers the largest selection of innovative shredding solutions and is the brand more businesses rely on for superior performance and durability.

"With the recent heightened awareness of identity theft, more and more companies are buying shredders to protect their business," said John Fellowes, Shredder Marketing Manager, Fellowes, Inc. "Fellowes makes shredders that can safely shred staples, paper clips, credit cards and even compact discs - valuable features in today's information age."

Commercial cross-cut shredders, such as the Fellowes 320C and 480C, are ideal for large office and departmental use. These shredders accept 7,000 to 10,000 sheets per day and come with durable, all-steel Powershred(R) cutters. The quiet motor allows for use in common office areas, and the larger waste bins require less emptying.

Personal cross-cut shredders, such as the Fellowes PS-65C and SB-85C, are ideal for small departments and individual workspaces. The waste bin of the PS-65C features an opening indicating when it's full and a handle for easy emptying. Casters casters

the small rubber wheels on surgical trolleys, patient stretchers, mobile equipment.


conductive casters
the casters are impregnated with carbon to facilitate the dispersal of static electricity from equipment.
 featured on the SB-85C allow for easy mobility and the flat top can be used for paper storage, while the front cabinet conveniently holds the instruction manual and oil. Designed to improve safe handling, the shredder is equipped with a Safety Lockout lockout, intentional closing up of a company, factory, or shop by an employer to prevent employees from working during a strike or labor dispute. The term lockout  Feature that locks the machine when not in use.

For more information visit www.fellowes.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 5, 2005
Words:371
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