We are dedicated to bringing you an updated list of news stories important to your business.Tuesday, August 30, 2005
Identity Theft Steals the Attention of the White House
Nearly 10 million people last year were victims of identity theft according to the Federal Trade Commission. With these crimes showing no signs of weakening, President George W. Bush signed a bill in 2004 that holds identity theft criminals accountable. The Identity Theft Penalty Enhancement Act adds two years to sentences for criminals convicted of using stolen credit cards and other personal data to commit crimes.
As identity theft tops the FTC's list of complaints, the National Crime Prevention Council urges consumers to shred personal documents such as paid bills, "pre-approved" credit cards, ATM receipts, and bank and credit card statements, before throwing them in the trash.
"Identity theft is our nation's fastest growing crime and as a result, the demand for shredders has increased dramatically," said John Fellowes, Shredder Marketing Manager for Fellowes, Inc. "Five years ago, shredders were used primarily by businesses but today paper shredders are becoming as commonplace as personal computers in the home."
Fellowes, the global leader in paper shredders for home and office use, recommends a cross cut shredder for the highest level of document security.
For tips on how to protect against identity theft, consumers can visit Paper Shredder Info
For the best prices and selection on paper shredders visit www.factory-express.com
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