You’ve heard all kinds of stories about people who have had their identities stolen, but you never think it could happen to you. Well, you’d be surprised how easy it is for a thief to get ahold of your personal information and use it for their benefit.
Before you can learn how to protect yourself, it is essential that you know the facts about identity theft.
Over $5.8 billion in unearned returns was handed over to identity thieves in 2014.
Every year, the IRS warns Americans about possible tax scams. One of the most common scams is identity theft. Thieves use randomly selected social security numbers to file fake tax forms to claim returns. No matter how secure you think your personal information is, identity thieves could be using your SSN by chance, making you one of the 15 million U.S. residents to experience identity theft each year.
Identity fraud occurs every two seconds.
CNN Money reported in 2013 that identity theft was on the rise in the United States. They estimated that someone has their identity stolen every two seconds. According to the Federal Trade Commission, there is a one-in-33 chance that you will have your identity stolen in the next year.
Identity thieves are stealing children’s identities.
There is a new trend that involves stealing children’s social security numbers to create a new line of credit before the kids are even old enough to have their own credit scores. Unfortunately, this crime is not likely to be discovered until the child turns 18. As a result, parents are encouraged to watch their children’s credit score closely, even if they haven’t yet accumulated any credit.
Nearly 90% of identity thefts can be attributed to information gained from print sources.
We are always warned to be careful about the personal information we put online. However, most instances of identity theft actually stem from unprotected print documents containing sensitive information. While hacking is on the rise, people are still far more likely to steal a bank statement or credit card offer from your mailbox or recycling bin.
Think about it this way: is it easier to hack into someone’s bank account, or simply dig through their trash?
The best way to prevent this is to use document shredding services. By taking advantage of paper shredding services, you can destroy documents that might leave you vulnerable to identity theft. And for businesses that deal with a high volume of paper documents, these services are essential.
Do you have any questions about identity theft or document shredding services? Have you been the victim of identity theft? We would love to hear from you. If you’re looking for any kind of document shredding in Connecticut, contact FileShred anytime.