Identity theft is one of those crimes that no one ever thinks about until it happens to them or someone they know. Someone losing their identity to a fraudster certainly doesn’t make the 6 o’clock news like a bank heist or break and enter robbery, but the losses suffered are just as devastating (if not more).
That’s because the thieves not only target your credit card information, but your good name, using it to commit fraud until both are no longer useable. What you are left with is a lot of false charges and a damaged reputation that may take years to clean up.
Think it can’t happen to you?
18% of Canadians have either themselves or had a close family or friend been a victim of identity theft. The number is even higher (20%) for Canadians between the age of 18 and 34 and an astounding 23% for people from Saskatchewan.
When asked what ID people typically carry with them,
32% of Canadians surveyed say social insurance number
20% of Canadians surveyed say birth certificate
5% of Canadians surveyed say passport.
But identity thieves don’t need your actual identification to steal your identity. All they need is receipts, utility bills, credit card offers/applications, insurance forms, checks, bank statements, expired credit cards, or even the labels from prescriptions.
Basically, any documents that contain personal information. That’s why the golden rule of protecting your identity is to SHRED EVERYTHING! And not just shred, but super duper shred by using a shredder that cross cuts your sensitive documents so there’s no way a thief could piece it back together.
If you think about it, that means you need to shred a lot of paper!
That’s why Fellowes makes the world’s toughest shredders, like the Powershred XC-11
! Designed for heavy use, it can cross-cut 11 sheets of paper at time into approximately 290 particles per sheet. And it’s capable of 5 minutes of continuous run time! AND good news, from March 17th to March 23rd 2017, you can save $40 on the XC-11 at Canadian Tire
Want to learn more ways to protect your identity? Join @FellowesCanada and @Listen2Lena for the #FellowesProtects Twittery Party on March 1st 2017 at 8pm EST!
Disclosure: MOMeo Magazine received compensation for this post, including a product to review. As always, the opinions expressed in this post are those of the author.