Security & Compliance
Are you in compliance?
With the cost of data breach in the U.S. averaging a total of $188 per record in fines and litigation, it’s a costly risk for your sensitive corporate documents to end up in the wrong hands. Federal information and data protection laws regulate how company records must be stored, accessed, and disposed. Properly storing and shredding documents will prevent your company from costly fines, litigation, and a damaged reputation. CI Information Management is the smart solution for businesses seeking a comprehensive approach to their records management, shredding, and disposal.
Our team has the experience and knowledge to support you as you navigate information compliance laws. Moreover, our Total Recall records storage software alerts us when records reach the end of their retention period. It’s a seamless and convenient process we’ve designed to help you remain compliant. You don’t need one more thing to worry about, that is why we’re here for you. Use the chart below to educate your team on the effects of noncompliance and poor records management:
Possible Penalties for Non-Compliance
|Responsible Party||HIPAA/HITECH||FACTA||Gramm-Leach Bliley||Sarbanes Oxley|
|Health Insurance Portability and Accountability Act||Fair and Accurate Transaction Act||Financial Services Modernization Act||Public Company Accounting Reform and Investor Protection Act|
|Directors and Officers Penalty per Violation||Up to $10,000||Up to $1,000,000|
|Institution Penalty per Violation||Up to $250,000Up to $1,500,000 for electronic breaches||Up to $100,000||Up to $5,000,000|
|Years in Prison||Up to 10 years||Up to 5 years||Up to 20 years|
|Individual Civil Fines||$25,000||Civil Action|
We help you remain compliant with our comprehensive records management services:
- Secure and dependable records storage services
- Backup tape and media storage, and scheduled tape rotations
- Flexible mobile and drop off paper shredding
- Hard drive, media and tape destruction