Shredding Company Secrets requires a Quality Paper
Shredder
The shredding of secret documents is mostly associated
with government and business malfeasance rather than good
business practices. The media has highlighted every
corrupt use of a paper shedder in government practice from
the Iran Contra hearings, to the Enron scandal to Sandy
Berger's shredding of secret files. But in a corporate
setting, there is a need to secure company secrets, and one
of the best ways to prevent the loss of intellectual capital
and prevent information theft is to use a quality office
paper shredder.
Shredding company secrets is a proactive practice that is
beneficial as an internal deterrent to the loss of important
information. A prime example is salary information.
This type of data in the hands of anyone other than the most
senior of management will no doubt cause problems with
employees. Similarly, management projections and sales
information should not be accessible by all employees, as
every worker that leaves the company is one more potential
loss of your important sales and client lists to your
competition. Furthermore, if you are concerned with
industrial espionage, know that it is usually committed by
your own employees, just as most identity theft is committed
by family members. So protect yourself from potential
internal information leaks.
But just as importantly, a companies intellectual capital
must be protected from the competition and public exposure.
You may not have the burden of having to keep the Coca Cola
formula secret, but every company has information that they
would rather keep in house. According to an article in
SIFY Finance, an owner of a chain of Subway restaurants in
India made a point of shredding labor cost, food cost and
other financial information after every meeting rather than
risk a potential loss. Every paper that the managers
are shred after each meeting and each manager has a crosscut
paper shredder at their desks for added security.
Businesses always have to be cognizant of federal
disposal guidelines in relation to exposing private consumer
information, but the need to protect company trade secrets,
business lists and other important data must also be
considered. A quality office paper shredder can go a
long way to helping a company protect their secrets.