Health Insurance Portability and Accountability Act (HIPAA): HIPAA Violation - $27,500 per incident This act passed in 1996 establishes the standards for personally identifiable information as well as establishing measures that ensure the security of information maintained by various providers.
The Gramm-Leach Bliley Act of 1999: This act includes provisions that require all financial institutions to design, implement, maintain and disclose their safeguards to protect customer information.
FACTA: FACTA Violation- $1,000 / consumer affected This act intends to primarily help customers fight the growing crime of identity theft. FACTA mandates proper disposal of customer information.
Created and Maintained by PTH Associates, Inc. Copyright E-Scrap Destruction 2008
