The cases of people hacking into other person’s individual data and using it to commit crimes have increased lately. For example, several people have reported their personal data being used to file tax returns, open financial accounts, or even secure passports. In an effort to curb these criminal expeditions, identity theft protection services use multifaceted technologies and tools to scan millions of websites and databases to identify and thwart suspicious activities.

Identity theft is often thought of in terms of credit scores and bank accounts, however, the same information used to meddle with your credit can be used to mess with your taxes. Getting jobs, filing returns, when hackers use your personal information in this manner, it is regarded as Tax Identity Theft. While the paperwork needed to correct this is a hassle in and of itself, the resulting delay in refunds could be detrimental for those enduring hardships.

In the business world, online and offline, data continues to grow every second. Although this presents more opportunities for data destruction companies, it also introduces unique challenges. Having a secure data destruction plan that is also environmentally-friendly is key. And the firms in the data destruction industry that practice effective recycling methods will stand out as leaders.

In 2019, 14.4 million victims bore a massive financial burden of identity fraud. If you do not protect your identity, you could also become a victim. One of the simple ways of protecting yourself from identity theft and fraud is by shredding crucial documents that you no longer use. This is where paper shredders come in handy.