Document shredding is an important part of normal business operations. This procedure helps to keep confidential information from getting into the hands of people who shouldn’t have it. It’s also necessary if you don’t want to incur any fines. Given how important document shredding is for businesses, there are serious consequences that can happen when you don’t get shredding done.
You Could Face Large Fines
Shredding confidential files isn’t just recommended to businesses – it’s a requirement! Your company is sworn to protect confidential data, and when you don’t shred the necessary files, you jeopardize the safety of the information within them. This results in your company facing serious financial penalties.
Your Business Could Lose Customers
The customers are the heart of any business, as your company requires support from customers in order to keep generating revenue. Anything that harms customer retention is bad for your company, and one way you can push customers away from your business is by refusing to shred confidential documents.
Customers need to feel like they can trust your company. Otherwise, they won’t want to work with you. By refusing to perform document shredding, a data breach is more likely to put customers’ sensitive information at risk. This risk can make customers uncomfortable with the idea of working with you.
You Put Both Your Customers and Your Company at Risk
In addition to putting your customers at risk, refusing to perform document shredding also compromises your business. If there is any vital information that your business needs to protect, the last thing you want is for that information to be out in the open where unauthorized people can get their hands on it. Document shredding needs to be done by businesses so that severe problems like data breaches and identity theft don’t have the chance to occur.
Have Questions? Micro Records is Here to Help
If you have more questions about document management software, Micro Records is here to help you with all of your needs. We can help your business to transition to a paperless way of life with outstanding e-forms and technology. For more information about how we can help you implement your new document management software, visit us online or give us a call at 877-410-SCAN. For more tips, tricks, and to see what we have been working on, be sure to follow us on Facebook, Twitter, LinkedIn, and YouTube.