January 22, 2008

The Problem With Protecting Your Identity

When it comes to all the proactive measures you think you know about protecting your personal information from identity thefts you should know, there are already two strikes against you. The simple fact of the matter is whether you like it or not, you only control about 20 percent of the personal information about yourself that is spread all over the country. The remaining 80 percent of your personal information is in the hands of businesses and unfortunately; businesses are not as savvy as you might be in the protection of your personal information.Kristen Gehrig, director of global marketing for Fellowes Inc. in Itasca, the leading shredder manufacturer, said “few states–and Illinois is not one of them–require destruction of documents. Although several federal laws mandate safeguards for customer privacy, only the Fair and Accurate Credit Transactions Act (FACTA) approved in June 2005 requires businesses to destroy certain types of consumer information. But what we found in our research,” she said, “is that 87 percent of small businesses are not aware of FACTA and their responsibility to make proper Disposal of Consumer Report Information and Records under this act.”Businesses hatch identity losses all the time with security breaches that […]

Full Article At: KnowHow-Now.com Articles

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