News
BankCherokee Business News; Winter 2005
Keeping sensitive information safe—even after it hits the trash.
SAINT PAUL,MINNESOTA — According to a study released by The Federal Trade Commission (FTC) in September 2003, nearly 10 million Americans were the victims of identity theft in the previous year alone. The study also found that U.S. businesses lost $47 billion and consumers lost approximately $5 billion as a result of identity theft during the same period.
That's shocking information. But the customers and employees of Cherokee Bank have a secret safety weapon against identity fraud and theft: Shred Right, Inc. Since 2001, Cherokee Bank has contracted with Shred Right to handle all of our sensitive document destruction. And that goes beyond just paper. Shred Right also handles credit and debit card – even computer hard drives.
"Document destruction isn't just about shredding paper," Ron Mason, owner of Shred Right stated. "It's about a professional approach to a very real concern. It's about security and peace-of-mind."
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| Shred Right features the industry's only high-security "Shredding Vault." |
Shred Right understands that there is more at stake than just getting your confidential information to a recycler or landfill. Not only can Shred Right handle complete document destruction needs, it's done with completely secure and accountable processes. Using advanced technology, Shred Right employs an electronically secure chain of custody to bring materials from Cherokee Bank to the industry 's only "Shredding Vault" — Shred Right's secure high-capacity shredding facility in St. Paul, Minnesota. Inside the continuously monitored Shredding Vault, all materials are rendered non-negotiable and indecipherable with a Double Destruction Guarantee, backed with a $1 million blanket dishonesty bond and a $1 million errors and omissions insurance policy. Online viewing is even available for that extra level of security and peace-of-mind.
Shred Right, a Rohn Industries Company, has been providing secure and complete shredding solutions for over 20 years and has been a Cherokee customer for over 5 years. The Shred Right high-security facility is AAA certified, exceeding the rigorous AAA-standards established by the National Association for Information Destruction (NAID) quality certification program. Shred Right is located at 862 Hersey Street, St. Paul, MN 55144
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