Iron Mountain Launches FACTA-Ready Program

Iron Mountain Inc. introduced a new FACTA-Ready Secure Shredding program to help businesses swiftly comply with the new FACTA Disposal Rule that went into effect the first of June.

Under the Fair and Accurate Credit Transactions Act, the Federal Trade Commission and other federal agencies have implemented new rules and fines governing the methods by which U.S. businesses that possess or maintain consumer information must dispose of such information.

"Along with providing shredding services, the Iron Mountain program enables companies to establish a standardized and programmatic approach to FACTA Disposal Rule compliance, including program design, employee education, implementation tools and program audit to drive consistency and adoption throughout the organization," said Bob Brennan, president of Iron Mountain North America. "This level of demonstrative compliance cannot be achieved with a personal shredder under a desk, and no other shredding vendor is prepared to offer this level of consultative service."

Iron Mountain's FACTA-Ready Secure Shredding Program helps organizations comply with requirements for the destruction of consumer information. Through the assessment of a company's existing information management program, Iron Mountain will work with customers to develop and implement a program that addresses the operational workflows and complexities that are unique to every business.

Each company affected by the Disposal Rule is required to undertake due diligence with respect to a third-party destruction provider, and to monitor that provider's compliance with the Disposal Rule.