What Identity Theft Services Actually Do

Not so very long ago, many considered the dark web an urban legend and identity theft something that only happened to wealthy and careless people. As more and more companies have emerged to protect the identities of everyday people from the villains pilfering and plundering the dark web, the vast majority of the general public has come to accept the reality that the dark web is real and identity theft can happen to anyone.

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How to Prevent Identity Theft

Identity theft is becoming a more common occurrence every single day. It takes place when someone steals your personal information and uses it without your authorization. This includes your social security number, credit card numbers, bank account numbers, personal medical information, and even your name and address.

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How Shredding Companies Prevent Data Security Problems

Do you store sensitive data in paper files? If so, we have a question for you: What do you do with those papers when you no longer need them? If you are like most people, you probably just throw them in the trash bin and forget about them, right? Well, here what you don’t know. Those papers can be used to steal your identity or your customers’ personal information. Customer lists, credit card information, payroll records, and any other sensitive document should be shredded. This will help keep your data secure and prevent identity theft.

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How To Check If You Are A Victim Of Identity Theft

Despite the numerous advances in security developments and creating awareness to curb cybercrime, hackers still come with ways to breakthrough. The ever-increasing identity theft crisis continues to terrorize people from all across the world. The worst part is that you might be a victim of identity theft unknowingly. The longer the thief remains unnoticed, the more funds they might accumulate using your identity without your knowledge. So, how do you tell that you are a victim of identity theft?

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UK Identity Theft Crisis

Last year, an anti-fraud organization recorded a total 89,000 cases of identity theft in the UK over the first half of 2017. According to Cifas, the figure was a record high and represented a five percent increase in identity theft cases over the same period in the previous year. Cifas chief executive officer, Simon Dukes, said that the claims were increasing at an alarming rate over the years with a new high of about 500 stolen identities daily.

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Be Careful Who You Choose as Your Shredding Company

According to documentation from the courts, instead of destroying records from a bank, they were shared with thieves. This occurred at a document shredding company in Forth Worth by one of the male employees. The list of potential victims numbers in the thousands, and according to a source in law enforcement, the total damage may reach millions of dollars. 

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Three Primary Considerations for Law Firm Document Destruction

The rules of professional responsibility governing attorneys typically do not set forth well-defined guidelines pertaining to document retention and document destruction.  As a result, there is leeway in regard to how and when a law firm disposes of documents, provided specific obligations under the rules of professional responsibility are otherwise satisfied.

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Understanding the Importance of a Litigation Hold

Employers are expected to retain information that may be linked to an ongoing or upcoming litigation. Ignoring this duty could lead to major legal problems down the road that no employer wants to face as it may lead to financial ruin. This is the reason why a business that has received a lawsuit notice, administrative charge, or has been informed of an investigation needs to start the process of a litigation hold. The following will help answer some of the questions you might have about this kind of hold.

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The Tax Bill Leaves Environment Open To Fraud And Identity Theft

Due to the IRS budget cuts, the confusion regarding the new tax law, and the vast amount of data compromised, the filing season for 2017 may be rampant with tax-related crimes. There were 787,000 identity theft returns confirmed and stopped by the IRS last year. The total exceeded $4 billion. The IRS projected a $21 billion loss in 2016 for fraud.

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