Do You Need A Document Shredder

By Christopher Schwebius

Privacy experts advice individuals to make use of a document shredder to shred tax documents, bank and credit card account statements, bills, and other similar items that can be used by thieves to commit identity or information theft.

The Federal Trade Commission reports that at least 9 million people become victims of identity theft and identity fraud every year. This is very bad news as identity theft and identity fraud can lead to a poor credit card report, a ruined reputation, and a great loss of money. This is where a paper shredder comes into the picture. Your document shredder will help you get rid of any document that contains vital information that may be illegally used by those identity thieves.

Just what is a Paper Shredder?

The document shredder is a piece of hardware that is used to cut paper into tiny pieces leaving it unreadable. It can be used by all types of people and businesses who are looking to keep information secret or classified. The shredding of documents such as credit card statements and bank account statements could be crucial. If these documents fall into the wrong places financial disaster can occur. Having a document shredder lessens the chance of something catastrophic happening.

Why Would You Need a Paper Shredder?

The technology of the document shredder is not new to us. Ever since the Fair and Accurate Credit Transactions Act was passed in 2005 there has been increase in demand. If you have yet to get one for your home or office you should continue reading this article to find out why it is important for your own security:

To avoid having your identity stolen. All levels of management and ownership have begun to adress the issue of merely throwing away important information into the trash. This method of waste disposal can surely lead you into a path where identity theft is highly possible.

To abide by the law. Using a document shredder means abiding by two main federal laws. The first is the Fair and Accurate Credit Transactions Act that specifies that personal employee information must be destroyed before tossing it out. The second is the Health Insurance Portability and Accountability Act, which states that the privacy of every person’s health information must be respected.

To protect company plans and procedures. If your company has big new marketing plans for the next quarter or even year it would be very wise to keep those documents secret and out of the enemies grasp. If a competitor seized some of your future plans you could risk losing a lot more than you bargained for.

To save up on cash. Avoid making a big dent on your budget by having an in-house document shredder. Not only is an off-site shredding service expensive, it does not ensure you that your papers are actually being shredded and that someone else will not be grabbing your information.

So for your peace of mind, you shouldn’t be having second thoughts about getting yourself or your office its very own paper shredder. With all the uses you can find for it and all the help it gives, getting a document shredder at a few hundred dollars is definitely all worth it.

Before you purchase a document shredder make sure you do some research. A great place to check out information on what will suit you when purchasing a document shredder can be found at www.documentshredder.org.

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