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Businesses are just as vulnerable to identity fraud as individuals. This could be anything from supplying a fake or false registered company with products or supplies who then disappear when the bills arrive, to discovering that someone has 'hijacked' your business and has been securing credit, goods and services in your good name. In addition, if you don't have a robust information protection policy in place, your company could expose your customers or employees information to fraudsters. 95% of individuals in the UK are not completely confident the organisations they deal with protect their personal information from falling into the wrong hands.
If your business is affected by identity fraud, there could be substantial damage, not just to partners who deal you, but to your company's reputation and most valuable asset – your brand.
Education and awareness is the first important step to help reduce the risk of identity fraud. It's critical that companies have a clear policy in place and can easily explain to staff the ways they can contribute to protecting their identities and that of the company. Being proactive in your ID fraud prevention approach is vital, particularly when it comes to paper documents, which can easily be overlooked when you’re focusing on digital security measures. Think about the amount of details we print out on a daily basis - application forms, copies of emails, plans, spreadsheets and more - and then consider what could happen if they fell into the wrong hands. Make sure you and your team never leave documents lying around the office and never throw them away without shredding them first.
To stay protected from identity theft all employees need to participate in the safe storage, management and disposal of information. It's critical that companies have a clear policy in place and can easily explain to staff the ways they can contribute to protecting their identities and that of the company. It is also essential to provide employees with the tools to do so by ensuring that everybody has access to a paper shredder.
A Fellowes shredder offers you a document shredding machine to cater for your individual home or office environment. We provide a range of shredders including:
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