Avoiding Fraud by Shredding Documents
Businesses have become much more susceptible to stolen information and fraud than ever before. Many business owners underestimate the value of documents and are not cautious enough from prying eyes.
“Businesses work very hard to get their clients, but then they don’t take the basic steps to protect those clients from being exposed to criminals and fraud.” An outsourced document shredding service can certainly take away the liability and the hassle of destroying and protecting vital documents that needs to discarded. It can be as simple as having a locked plastic receptacle placed in the office specifically for documents that need to be shredded. A service will place the receptacle and come and exchange it for an empty one whenever the business needs it. This can cost as little as $1 per day to the business. It’s cheaper than a cup of coffee per day, but can save you a lifetime of headache, had any documents been leaked.
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read more7 Steps to Help You With Fraud Prevention
Fraud – it’s out of control. Each year, U.S. companies lose more than $600 billion to fraud, with counterfeiting and document fraud making up more than two-thirds of that, according to the world’s largest fraud prevention. organization, the Association of Certified Fraud Examiners.
Business documents, financial documents, birth certificates, identification cards, licenses, motor vehicle titles, prescriptions, college transcripts, tickets and passes for events – any document of value is at risk. With law enforcement focused on violent crime and homeland security, however, there are limited government resources to address the problem of fraud prevention. The challenge of reducing fraud and its associated losses falls primarily on the organization that owns the documents.
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