Identity fraud – the fastest growing ‘business’ in the UK
According to the findings detailed in a report of a study on criminal acts of impersonation by the National Fraud Authority reported on the ‘check my file’ website in July 2014, there has been a 36% increase in all such crimes over a one year period. Corporate fraud fared little better, and although the annual percentage rise is less, there is a perceptible rise which is part of an ongoing trend.
Identity fraud sources
Identity hacking is a simple enough process. Still people are complacent with their passwords for email and other web based activity. In addition, redirection of mail is available and yet, according to Post Office statistics only one in ten of us actually pay for a mail diversion to a new address. The majority seem to rely on having informed every stakeholder (bank, building society, credit card companies and others) of a change of address.
However, these personal elements aren’t the only source of potential personal identification theft and fraud. How many businesses hold records of customers, employees, and third party persons? The answer to that is every company which sells or markets online, in the press or by any other means. There are several identity theft protection tips offered by experts. Try to get connected with professionals so that you can get your desired result for identity fraud.
Every single company which trades will hold the records of at least one person regardless of the size of the company or the commercial or industrial sector in which it operates. All these companies will have some kind of record, be it in printed format or electronic format (or both). In the main electronic records are secure behind firewalls and other digital security systems there are numerous study and observation reports are available on the internet, you can browse them to get more knowledge over this topic.
Printed records on the other hand are not. It is not uncommon to hear of medical records of hundreds of people turning up in a skip somewhere, or the payroll records of hundreds of employees ending up in a regular refuse bin rather than being shredded. There are several identity fraud solution agencies are available in the market, who can assist you in gaining your identity and maintaining the confidentiality.
In order to maintain strict security of confidential information, the storage and dissemination of confidential data is but one element of the entire system which should (by law) be in place. To avoid the potential risk of confidential data which is the responsibility of your company falling into the hands of potential fraudsters, secure shredding at www.simplyshred.co.uk is the answer.
The repercussions for a company not adhering to The Data protection Act can be all encompassing, with large fines and prison sentences the possible outcome. For the people whose personal information ends up in the public domain through no fault of their own, the repercussions could be a lot worse, potentially destroying their lives. Identity theft is a well known topic and getting more and more popularity in global marketing.
To avoid adding to or becoming one of the statistics, ensure all your printed confidential matter is shredded and recycled in a form which is acceptable to the relevant law, otherwise you might end up on the wrong side of the law.
Author’s Bio: Peter Dav is a well established writer who has immense knowledge over the topic of identity fraud. If you are willing to know more about this topic, then you can browse www.simplyshred.co.uk- this site. It will be highly beneficial for you as there is huge information on this topic.
Category: Identity Theft
