Tuesday, July 10, 2018

Facts About Identity Theft

“Nearly 60 million Americans have been affected by identity theft, according to a 2018 online survey by The Harris Poll. That same survey indicates nearly 15 million consumers experienced identity theft in 2017.”

Other staggering statistics about the growing problem of identity theft are below.

  • “ID theft happened once every 2 seconds in 2017.
  • Victims of identity theft spent over 140 million hours trying to resolve their issues in 2017.
  • The average cost for each lost or stolen record was $225 in 2017 ($221 in 2016).
  • The average size of data breaches increased 1.8% in 2017 to more than 24,000 records.
  • In 2017, there were 16.7 million victims of identity fraud.
  • In 2017, identity thieves stole $16.8 billion from consumers in the U.S.
  • 6.64% of consumers were victims of identity fraud in 2017.
  • In 2016, 13% (399,225) of complaints filed to the FTC were about identity theft, which was the third most common complaint.
  • 36 million records (including doctor’s office, school, etc.) were breached in 2016.
  • Organizations spent an average of $7.01 million on data breaches in 2015 compared to $7.35 million in 2016.
  • You are more likely to have your identity stolen than your car taken or home burglarized.
  • Children are susceptible to identity theft. Since most people under 18 are not actively applying for credit or monitoring it, minors can become easy prey.
  • Up to 18% of victims take 4 years or more to discover they are victims of identity theft.
  • 38-48% of victims discover their identities were stolen within 3 months.
  • Victims spend anywhere from 3 to 5,840 hours repairing the damage caused by having their identities stolen. The average time spent repairing damage from ID theft is 330 hours.
  • 26-32% of victims spend 4 to 6 months dealing with their case.
  • 11-23% of victims spend 7 months to 1 year dealing with their case.
  • Victims lose an average of $1,820 to $14,340 in wages dealing with their cases.
  • An additional $851 to $1,378 is spent by victims toward expenses related to their cases.
  • 66% of victims’ information is used to open a new credit account.
  • 43% of victims think they know the person who stole their identity.
  • Close to 50% of victims have difficulty getting loans or credit because of identity theft.
  • In early 2015, Intuit (TurboTax) had to shut down e-filing because of an influx of fraudulent tax returns.
  • Medical identity theft is on the rise; there were 500,000 victims in 2014 alone.
  • In 2014, $5.8 billion was given to identity thieves from the IRS due to fraudulent returns. Identity thieves use random social security numbers to file tax forms and by chance, it could be yours.”
Always shred sensitive documents that contain any personal data. Some information may not seem like it would be sensitive or worth shredding, but the more small details someone has about you, the easier it is to impersonate you.

For more information on certified document destruction visit www.wasteawaygroup.com.


Wednesday, May 9, 2018

Is Shredding My Documents Really Necessary?

Check stubs, bank statements, account numbers, and actually any documents with personal information such as social security numbers or sensitive medical information on them.

What do these have in common? Every one of them could be used by identity thieves and should be disposed of by shredding.

Tuesday, March 20, 2018

Preparing Your Documents for Shredding

Most people realize that such things as binders or even binder clips can’t be left on sensitive material to be shredded. 

This holds true for personal shredders, of course, but professional shredding services as well. But are we doing too much to prepare documents for shredding with a professional shredding service.

Sunday, November 26, 2017

What Type of Paper Shredder is the Best?

Although shredding or destroying sensitive documents has been around for decades, the necessity of shredding or having a professional document destruction service has gained popularity in the past few decades.

“As well as size and capacity, shredders are classified according to the method they use and the size and shape of the shreds they produce. 

Tuesday, August 29, 2017

Integra Account Manager Honored After Shred Event

On June 17, 2017 WNDU partnered with Integra Certified Document Destruction and held a shred event to raise money for WNDU's annual Pack-A-Backpack.

The event, scheduled for 7:00am– Noon saw cars lining up as early as 6:30am until well after 12:30pm to have sensitive documents shredded and donate to such a worthy cause.

Sunday, August 20, 2017

Mailbox Theft Leading to Identity Theft

Even years ago it was said that, “your mailbox is the riskiest non-technological point for identity theft.” With the incidences of theft out of people’s mailboxes considerably high,

To combat the rising incidences of mailbox theft, the United States Postal Service (USPS) has developed a service called “Informed Delivery” where a computer “scans the outside of your mail and shows you the images each morning before the mail is actually delivered.” You simply sign up for this service and the images are sent to you daily via email.

Saturday, August 19, 2017

Why Should I Shred Junk Mail?

Once you take your name and address off of your junk mail, you can throw it right into your recycling without any worry that your identity could be stolen, right? Not quite.

“Most people don’t realize it, but junk mail usually has a computer bar code on the front that can sometimes contain personally identifying information.