A Solution to the Identity Theft Problem

February 16 , 2004 in Press Releases

So. Burlington, VT, September 27, 2004 . . . In 2002, over 7 million people were victims of identity theft. According to the Federal Trade Commission, identity theft costs nearly $53 billion annually.

Recognizing this problem, On-Site SecurShred was established in 2000 to offer companies and consumers a secure method to destroy confidential materials. On-Site SecurShred is a Vermont owned and operated company with services that include both document and electronic media destruction. Current customers are located in Vermont and Northeast New York and range from a variety of industries including financial, medical, insurance, and government.

Vermont is one of only two states that do not have an identity theft law in place. The Vermont legislature is currently considering one of the most comprehensive identity theft bills in the nation. If passed, this bill would put Vermont at the forefront of identity theft protection.

The Health Insurance Portability and Accountability Act (HIPAA) and the Gramm-Leach-Bliley Act (GLBA) are recent examples of national legislation that have mandated the secure disposal of patient and consumer information. “These two laws (HIPAA and GLBA) and the concerns of identity theft made the start-up of On-Site SecurShred timely. Throughout the area, we have helped companies become compliant with these bills,” noted Eric Flegenheimer, president of On-Site SecurShred.
On-Site SecurShred offers continual document destruction service with locking containers and periodic purges for outdated stored records. Certified professionals complete all document destruction on-site at the customers’ facilities. The destruction is performed using a specialized, mobile shredding truck and plant-based equipment. The shredded material is 100% recycled.
On-Site SecurShred is the only company in Northern New England that has been awarded the AAA certification by the National Association of Information Destruction for both mobile and plant-based operation. The certification process ensures that all employees and equipment have undergone close examination by an independent security professional.