Security is crucial to effective risk management for any organisation today. From digital hacks through to stolen data in physical form, there are many ways in which the information that a business generates could be a threat to its survival. Shredding provides a secure and simple way to deal with this threat, minimising the potential for documents or papers to be exposed to those who could use them in a way that harms an ongoing concern. But, when it comes to shredding, what should your business be disposing of in this way?
Every year, organisations lose around 5% of their annual revenue to fraud. For small businesses without serious checks and balances in place this percentage can be even higher. The impact of fraud is something that has made a lot of headlines and evidence shows it has a high financial impact on a company's profits, reputational damage and a loss of employee or customer trust are just a few of the consequences that can arise as a result. Shredding your confidential material goes a long way in preventing data fraud and securing your company.