New York celebrated the second annual “Good Riddance Day” last week. People came out in droves to shred all the bad news from 2008. People brought out their 401k statements with dropping values, bills, and even socks that mysteriously lost their mates in the washing machine. If only shredding bad news made it disappear.
Stewart Title in Lawton, Oklahoma has a shredder. So why were their customers documents blowing out of their dumpster and down the street? Occam’s razor says they didn’t use the shredder. [full story]
You can place a slow, loud shredder in an office and hope that employees assign themselves the extra work but time and time again we see that it just doesn’t work. If you aren’t using a shredding service it is a matter of time before your employees take the easy way out and you end up on the news. The best part is a service not only increases security but is cheaper than paying employees to do the same work.
B&F; Finance of McAllen, Texas decided to save some money on shredding and just dump their client files in the dumpster. The files were discovered by the Attorney Generals office and the result was a fine of $20,000. In tough economic times it doesn’t make sense to save a couple of hundred on shredding only to pay a huge fine.
Juan Nino, a tax preparer in Brownsville, and Victory Management Services of Dallas Lake were also caught with personal information in their dumpster. They were expected to announce fines soon.
Businesses need to be aware that not only do they need to take care of their clients information but AGs around the country see this as a great source of revenue for their offices. This means that dumpster diving is only going to grow.
Chuck Mata was dropping off his recycling when he made a shocking discovery. The mortgage files for home owners in Miami-Dade and Broward Counties. As you can imagine the files contained everything an identity thief needs all in one folder. Mr Mata notified the Palm Beach County Sheriff’s Office who came and bagged up the files. The files belonged to Metropolitan Mortgage and Empire Equity of North Carolina. [full article]
Beware of any company that doesn’t have a shredding bin. You never know where your personal information is going to end up.