What to shred come the end of the financial year

21 March 2021

It’s typical come this time of year for businesses to have files upon files of financial information in drawers and storage areas. However, why not view this as the perfect opportunity to declutter your workspace and create a focused and tidy environment as we approach Q2 of 2021.  Once the retention timeframe has passed, this type of stored financial information can leave you susceptible to a security breach, and high GDPR fines are one of the potential outcomes for not complying to legal regulations. General Data Protection Regulations (GDPR) are regulations in law which were formed to ensure the highest levels of data protection and privacy, allowing people to have more control over the usage of their personal information. GDPR covers three major concepts – transparency, compliance and punishment. The maximum fine for breaching GDPR totals £17.5m or 4% of a company’s annual global turnover (whichever number is greater).

Confidential paper shredding is a great service for removing out of date documents and personal information securely, and the team at MBM Omega can do this on-site or off-site to suit your requirements. To ensure total transparency and peace of mind we also provide all our customers with an Official Certificate of Destruction, so you can feel safe in the knowledge that your documents have been destroyed securely.

What to shred?

All documents that have passed the required retention period will be at risk of data breaches. Anything that includes names, online or offline addresses or alternative private information should be securely destroyed to protect the company’s or an individual’s personal data.

How do we do it?

We aim to make it as easy as possible, all the while ensuring that your information remains secure. That’s why the team at MBM Omega take care of every step of the process, from installing secure shredding receptacles in your office, through to providing an Official Certificate of Destruction, confirming that your documents have been securely shredded and recycled.

The opportunity to end the financial year with the removal of any unnecessary confidential data and to start the new fiscal year knowing you’ve removed all risks of breaches or GDPR fines is reassuring. At MBM Omega we provide a confidential paper shredding and document destruction service which will protect your data as well as ensure that any stored and confidential information has been destroyed both legally and ethically.

Find out more about our confidential paper shredding and ensure your end to the financial year is risk-free.