This song is blowing up the Top Ten on the Identity Identity Theft Hit Parade! Da Dumpster Dive! These guys may be diving in for old Kool Aid and Bagels, but Identity thieves dive in for a different reason.
By now most of us are understanding the need to shred our old personal documents. An in home shredder is no longer a luxury, it is a necessity. And we know that it needs to be DOD Approved and not a ribbon shredder. Ribbon shredders just create jigsaw puzzles for identity thieves, strips can be pieced back together to harvest information. With individual getting more savvy about the destruction of information, your home trash is much less attractive to identity thieves than this item.
Why are dumpsters so attractive to identity thieves? Well you always find dumpsters near businesses. Businesses gather all sorts of personal information from their clients and customers. Names, addresses, phone numbers, account numbers and the list goes on. And businesses do not always follow the law when it comes to disposal on this information.
It is a fairly common event to turn on your local news to see a report about files dumped in dumpsters. Honest people come across these files and report it to news reporters, police or others and it ends up on your evening news. For every honest person that reports the situation, how many dishonest people are taking the information for nefarious purposes.
Personal information found in dumpsters is a gold mine. The thief does not have to use you information personally. There is a huge black market out there for personal information and the thieves know this. They can make a fortune selling what they find in these dumpsters.
If a business you have dealt with improperly disposes of your personal information in a dumpster, and a thief gets his hands on it; well that information can be sold as many times as the thief wants. Multiple people can buy and use your information. This is why it is important to have a plan, to be able to react quickly and at any time to respond to identity theft issues.