Identity Theft

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Shredding & Recycling

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Identity Theft

What is Identity Theft?

Identity Theft is a crime in which an impostor takes another Person's Identifying Information (PII) such as a Social Security number, bank account information, credit card numbers and driver's license number for the impostor's personal gain. Identity Theft is the fastest growing crime in the United States. The Federal Trade Commission (FTC) estimates that every year over 700,000 persons are victims of Identity Theft.

Confidential

Company records may contain employee PII as well as other confidential information such as financial records, client information, trade secrets, pricing strategies and intellectual property. Many company records can be simply thrown out or recycled, but records that contain confidential information should be shredded to protect the company and its clients.

Protect Yourself Against Identity Theft

Destroy your confidential documents when no longer needed to protect your clients, employees and yourself from liability and even criminal prosecution. Business records should be kept for the period of time determined by your retention schedule (see Records Retention Schedule) based on their useful value to your company and the governing legal requirements.



Avoid ID Theft

The Safeguards Rule

The Federal Trade Commission has issued the Safeguards Rule for protecting customers' personal information.