It is not illegal for strangers to go through your trash!
In 1988, the Supreme Court ruled that trash is public domain once it is left for pick-up. There is no expectation of ownership or privacy.
According to the Federal Trade Commission, identity theft has become the fastest growing non-violent crime in America. Nobody wants to make the news because thieves have invaded the company trash.
An estimated $120 billion a year is being lost to U.S. companies by information thieves. Bits of information in the hands of hackers can breach your security and invade your network.
Recent legislation, effective July 1st, 2002, states that any company in Georgia proven to have discarded personal information without first destroying it, faces up to $10,000 in fines.
Mandates of the Law / Requirements:
Gramm-Leach-Bliley Act – requires companies such as banks, brokers and underwriters, securities and investment firms, mortgage and finance companies and non-bank service finance firms to provide secure handling of records and information.
FERPA – Family Educational Right to Privacy Act. (Buckley Amendment, as of 4/93)
Fair Credit Reporting Act (FCRA) – Enforced by the Federal Trade Commission, is designed to promote accuracy and ensure the privacy of the information.
Healthcare Insurance Portability and Accountability Act (HIPPA) – protects security and privacy of private health information at human resources benefits administration and medical offices, not to mention service providers at hospitals, pharmacies, clinics and labs.
Securities Regulation – continues to be the current authority on all of today’s privacy issues.
International Organization for Standardization ISO – This is the International Standards for business, government and society.