Technological advancements have made many business functions faster but it has also left people vulnerable to exploitation through white collar crimes such as credit card fraud. Many individuals and companies have fallen prey to this which is why protecting business and customer information is of critical importance.
You may not think much about it when you make a cash withdrawal at an ATM machine, take the cash, crumple the receipt and toss it in the bin. Perhaps you do the same when you make a purchase at a store and pay by card. Yet someone may be lurking in the shadows just waiting to see the pin you key in at the ATM machine and to collect that little piece of paper you threw away without second thought. These are fraudsters who carry out identity theft which they do to rob people and businesses electronically. When you think about how much paperwork with such confidential details is just generated in a business in just a day, the importance of shredding such papers becomes clear. UCI Mobile Paper Shredding services offer this crucial service.
Identity theft executed using details that should be confidential like bank and credit card details is on the rise. Destroying such documents is therefore very important and in fact a legal requirement. UCI Mobile Document Shredding offers this crucial service.
When you’re choosing the right document shredding services for your business, there are a few things to keep in mind when making a decision. First, security should be the foremost consideration. How does the document shredding service handle your sensitive documents, bank account information, client paperwork, and legal documents?
It is mandated by law that every business puts in place steps to protect customer and employee information. This is to deter the efforts of fraudsters who would use such information to carry out white collar crime like siphoning funds out of the bank accounts or credit and debit cards of unsuspecting people. Every business must therefore have in place a strategy for document shredding based on its the nature of its activities, its scope and other specifics.
Identity theft is the fastest growing crime in the United States. Most identity theft is done by going through company dumpsters. A strip shredder does not offer ample protection for businesses. Even when companies do use cut and rip shredders, they are still responsible for transporting the shredded remains to a recycling center to avoid having them sitting in the trash.
Did you know that Americans throw out four million tons of office paper annually? When you pile up four million tons of paper, you can build a 12 foot tall paper stack that spans from the West Coast to the East Coast. For each ton of paper that a business recycles, they save four barrels of oil, 18 trees, 360 gallons of water, four cubic yards of landfill space, 60 pounds of air pollutants, 200 gallons of gasoline, 4,200 kilowatt energy hours, and ample energy to heat and air-condition a typical United States residence for half a year.
When companies simply tear up and throw away their documents, they put themselves at risk of someone retrieving and reading them. These documents often contain sensitive information such as company bank account details and client records that criminals can use to steal identities. Someone can break into a bank account or start using a credit card within minutes of stealing the information.
These days you are always seeing news stories about identity theft and credit card number hacking. Therefore, it’s better to be safe than sorry when it comes to your personal documents. If you own a business and handle sensitive documents, the same goes. As a business, it’s your duty to protect your clients’ privacy. Document destruction can help protect your customers and client’s identities and private paperwork.