Paper Shredder Machine Price A paper shredder is a mechanical device used to cut the paper into either strips or fine particles. organizations, businesses, and private individuals use shredders to destroy private, confidential, or otherwise sensitive documents.
There are several kinds of papers you’ll want to shred. Obviously, you’ll want to shred old credit cards and documents that contain personal information. This is critical for personal security and is the primary reason most families buy a paper shredder along with a wireless printer.
In this age of identity theft, throwing away or recycling intact documents with personal names, addresses, bank information, social security numbers or any other type of personal information could lead to identity theft.
Business owners have additional motivations for buying a paper shredder. Regulations from both the Fair and Accurate Credit Transactions and the Health Insurance Portability and Accountability Act require all employers to destroy any documents containing employee’s Social Security numbers, employment history, credit information, current or prior addresses and more.
While you can hire a professional agency to destroy these documents for you, those services can cost several hundred dollars a year or more. Even spending several hundred dollars on a paper shredder will save you thousands in the long run. When it comes to protecting your identity and avoiding legal consequences, a few hundred dollars is a very reasonable price to pay.