Shred This: Identity Theft Law Affects Small Business

"The Fair and Accurate Transactions Act (FACTA) was passed to help protect all of us against identity theft. But, a single provision in this new law opens up small employers, even those with a single employee, to lawsuits if they do not properly destroy (i.e., shred) any documents or papers containing personal information about their employees before throwing it away.

USA Today reports that small and medium employers may face significant risk due to this new law."

Read more at The Entrepreneurial Mind.