22 Things You Must Shred To Protect Your Identity
Identity Theft may be the largest supply of consumer fraud within the United States, costing both consumer and business vast amounts of dollars every year in fraudulent activities. Although numerous reports and articles are actually written on ways to minimize the threat of identity theft, theft of personal information for illicit gain keeps growing. The Javelin Strategy and Research group reports that in 2008 alone, over tens of millions of individuals were victims of some type of personal Identity theft, accounting for $48 billion in losses. Fortunately, the common loss per person fell to $496 a decrease of 31% through the previous year. This decline is large part on account of many consumers detecting fraud faster and thereby mitigating their losses. Additionally, many financial institutions have improved their means of helping consumers identify ID theft by flagging any unusual activity with a person's credit accounts.
There can be a vast amount of sensitive financial and private information within the papers which might be included the trash. "Dumpster Diving" is common practice among criminals who steal identities. Be it bulk or junk mail, old records you no longer require, bank statements, or some different using your name or identifying information on it, you may be throwing away enough information with an identity thief to put together and steal your identity.
Most people know much better than to randomly give personal data over the telephone or using an unsecure internet connection, yet many tend not to provide a second seriously considered disposing of documents inside the trash that contain personal identifying information. Carelessness this way may cost someone a bundle.
One of the best solutions to decrease the chances of getting your identity stolen is to shred all documents that have any bit of private information. Shredders can be a low-cost strategy to a potentially high-cost problem. Unfortunately, this easy way of information disposal is often overlooked, or not practiced regularly by many people.
If you never accomplish that already, now is often a good time to begin with shredding. Shredders are pretty cheap, and will be purchased at most of the department and office supply stores. Cross-shredders cost a a bit more, but perform a superior job of shredding the paper in a fashion that makes it difficult - if not impossible - to piece back together.
A general guideline is that this: Shred all papers and Secure document destruction Brisbane documents that have any bit of personal facts about it, even if it's only your company name. The less information that ends up within the garbage is the fact that a lot less to the identity thieves to retrieve for fraudulent use.
Here is really a report on 22 documents you have to be sure to shred:
1. ATM Receipts
2. Bank statements
3. Cancelled Checks
4. Credit card statements and receipts
5. Documents with private information including Social Security numbers, birth dates, mother's maiden name, etc.
6. Electronic media - Compact Disks, DVDs, computer magnetic tapes
7. Expired credit and debit cards
8. Expired Drivers Licenses
9. Expired passports
10. Insurance Forms
11. Investment documents
12. Loan Applications
13. Mailing labels from packages, magazines, etc.
14. Medical Records
15. Obsolete Financial Records
16. Online Passwords and account numbers
17. Pay stubs
18. Personal Correspondence
19. Pre-approved credit applications
20. Purchase Receipts
21. Tax Documents
22. Utility Bills
In conclusion, if you don't currently take action, then now is really a good time to start out shredding. Shredding all documents that have personal data may well not totally eliminate the threat of getting the identity stolen, however it should go further in minimizing that threat. Don't delay, start shredding today for greater security and comfort!