Why Information Destruction is the Key to Sustainable Success in e-Scrap

Most readers have heard about the recent $2,250,000 fine assessed to CVS Pharmacies for failing to properly protect discarded personal information.  What many may not realize is that over the last 18 months, the combined fines assessed against organizations for improper disposal of personal information approaches $20,000,000; far surpassing the combined total of such fines over the preceding decades.  While the gargantuan fine assessed to CVS currently tops the list, privacy watchers expect a similarly large settlement with Walgreen's Pharmacies.  Whatever the amount of the Walgreens' settlement, it likely will not hold the record long, given that the dollar amount of fines has regularly increased since disposal laws have started to be enforced.

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